Just getting ready for the big run on the banks. The mad dash for Air Jordans last week was nothing compared to what’s coming.
posted on 12/27/2011 2:40:37 PM PST
(The Obama administration is staging a coup. Wake up, America, before it's too late.)
They borrowed the turdos at 1% and deposited it for .25% thereby paying ECB .75% to keep the turdos safe. Who knows better the status of euro banks better than other turdo banks?
Also, turdos in ECB are quick access to dollar swaps for those clients of capital flight.
This 500 billion in liquidity keeps these insolvent banks humming for a few more weeks allowing customers to bag it on turdos.
posted on 12/27/2011 3:34:15 PM PST
("Those who control language control minds." -- Ayn Rand)
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