To: tired&retired
It is THIS which will eventually bring down the financial system. Financial instruments invented out of thin air on a promise to pay when things don’t go your way. Well...someone is NOT going to pay and how can you make them?
2 posted on
05/11/2009 6:07:15 AM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: tired&retired
The supremacy of finance capital over all other forms of capital means the predominance of the rentier and of the financial oligarchy; it means that a small number of financially powerful states stand out among all the rest. The extent to which this process is going on may be judged from the statistics on emissions, i.e., the issue of all kinds of securities. - Vladimir Ilyich Lenin
3 posted on
05/11/2009 6:26:30 AM PDT by
PGalt
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