Monday, May 30, 2011

So are Banks being set up to fail ,then have be Nationalized ???

http://www.bloomberg.com/news/2011-05-30/mobius-says-fresh-financial-crisis-around-corner-amid-volatile-derivatives.html

So if Banks are to big to fail and then worthless money is pumped in and they have outrageous bonuses while the world economies flounder is this then a setup for Banks to be Nationalized by Governments who can after all always operate them better than private companies. Like the do with the US Post office ..

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