Atomik, this is really not a big news story. If a big bank like DB goes broke they just go to the ECB, BOJ or the FED for a loan. The CB's just print up billions and billions of Fiat currency and gives it to the bank @ 0% interest.
This is how modern economics works, it is really simple. Look how well this monetary system worked for Germany's Weimar Republik and in France during John Law's economic tenure in 1720. In fact if you lived in Denmark the bank would pay you to borrow money on a mortgage.
What could possibly go wrong?
Feel sorry for the poor suckers who own GOLD & SILVER
- Forums
- ASX - By Stock
- BDR
- Gold price
Gold price, page-3898
-
-
- There are more pages in this discussion • 9,828 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online