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Monthly Archives: November 2011
Dollar notes without ketchup Part 7
Capitalism is more than an economic system, it is a form of life, a religion and an art form. In capitalism many create wealth in order to transfer it to a few, this is the systemic purpose. Capitalism destructs itself … Continue reading
Posted in World Economy + Health
Tagged Berlusconi, cds, Charles Ponzi, city of london, credit default swaps, Italian bonds, SEC, Securities Exchange
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Dollar notes without ketchup Part 6
Or should I say “Euro notes with whipped cream”? This week interest on German bonds has fallen to 0.08%, that’s as good as free money for Germany. They took this opportunity to increase their national debt from 1.8bn Euros to … Continue reading
Posted in World Economy + Health
Tagged Bruno Craxi, credit default swaps, Italian debt crisis, Italian mafia, Silvio Berlusconi
Comments Off on Dollar notes without ketchup Part 6