© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
There’s actually a song about which nations are going broke according to Jim Rogers
http://www.youtube.com/watch?v=o1RjI7G8rFw
i used to like that guy,now i despise him with all my might. two faced POS.
nonsense.
The ECB’s problems could be solved today. To stem the bleeding the ECB can buy (and simply cancel) debt. From there they need to implement a capacity to create and distribute currency to the member countries each year from some central authority.
I have to tell you, I love this new monetarism. So simple. Debt is not debt, it’s merely paper that hasn’t been cancelled yet.
Bring it on, I’m in gold.
______