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Tag Archives: debt
Still banking on the banks?
European banks are technically bankrupt Youtube.com – Max Keiser – Jul 13, 2012 Most people assume that a bank takes in a deposit, and then they loan that deposit out, and this creates liquidity in the system. That’s false. In … more
Posted in Economy, Money
Tagged collateral, debt, European banks, gold, money
Comments Off on Still banking on the banks?
