You are viewing a single comment's thread from:

RE: Crazy world of valuations

in #money7 years ago

What people tend to forget about bailouts is the fact that the bad assets are transferred to the state while the new "bank" will get all the good assets and the Italian people will be paying with their taxes these commercial banks bailout so they just extended every italian debt and that's whats happening all over the place while they claim the economy is stabilizing they say, debt based economy has to end, the bankers getting scott free of the liabilities has to end, and central banks must be stopped. The eorld is constantly in booms and busts due to the central banks manipulation so in the end everything belongs to them not the goverments not the companies and especially not the people who worked and work to sustain the central banks greed.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.029
BTC 61896.22
ETH 2413.79
USDT 1.00
SBD 2.66