Roughly 3-trillion of EUro debt is uncollectible.
To me, this says "write-off's."
- But, someone's debt is also another's asset.
Now, if you take 'risk' for your own private 'gain' WHY should the public, a mere bystander in the deal, have the losses laid-off on them?
- Taxpayers did NOT stand to gain from the risky and stupid bets the Banksters made.
The disconnect of 'risk' from 'return' is one of the biggest con's going today.
Orwell was prophetic, maybe some animals are more equal than others...
Wednesday, 16 November 2011
More equal?...........from Rico
From Theo Spark at 11:12
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