Tag Archives: debt

Still banking on the banks?

Posted on July 18, 2012 Author: A.C. Bhaktivedanta Swami

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 →

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