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To: grania

The German bankers are buying up Europe with loans that can’t be paid back.

That statement makes no sense whatsoever.


29 posted on 01/26/2015 9:52:07 AM PST by Cyman (We have to pass it to see what's in it= definition of stool sample)
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To: Cyman

It means the banks are loaning money to people who can’t pay it back, and eventually the bank will own the collateral.

It was said in shorthand up thread.


36 posted on 01/26/2015 2:40:25 PM PST by Balding_Eagle (The Gruber Revelations are proof that God is still smiling on America.)
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