I guess it takes some “smarts” to be able to pull something like this off, for “13 years”... LOL... what a deal!
It makes one wonder how much of the *entire financial system* is actually “smoke and mirrors” (like this) and is not really there, at all. I think we’re gonna get a lot of this type of “fallout” as many kinds of financial instruments and/or companies are going to be “forced clean” by the economy, or go bust.
And it’s all that is going on like that, which is causing the Great Depression, which will deepen considerably more, all during 2009...
I endorse a “Jubilee Year” in whcich all debts are forgien and we reset the economy.
Yep, one good thing about a "bad" economy(assuming this one isn't just some globalist playing monopoly)...it flushes all the rats out of their holes. And if the MSM actually did REAL journalism, instead of having their heads up zeros rump, they more than likely would find the majority of the rodents to be... demoRAT.
On this one, I agree with you - it will crash the system, when it becomes clear how many financial instruments don’t actually exist.
“It makes one wonder how much of the *entire financial system* is actually “smoke and mirrors””
Read up on the Federal Reserve.