Removing money from the economy is what banks do! In good times it is rolled over, with more debt, but interest is used. In bad times, the loans disappear, so the race is always to dump the paper into pension funds fools accounts wherever, taking what real assets are available. Then comes the REVEAL! Those left swimming have lost their trunks! The banking weapon has again exploded! Start reloading for the next time....
Keep it up!
ReplyDeleteRemoving money from the economy is what banks do! In good times it is rolled over, with more debt, but interest is used. In bad times, the loans disappear, so the race is always to dump the paper into pension funds fools accounts wherever, taking what real assets are available. Then comes the REVEAL! Those left swimming have lost their trunks! The banking weapon has again exploded! Start reloading for the next time....
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