| WWW.RLFANS.COM https://rlfans.com/forums/ |
|
| Banks - broke or not? https://rlfans.com/forums/viewtopic.php?f=11&t=565774 |
Page 1 of 1 |
| Author: | Dally [ Thu Mar 06, 2014 6:08 pm ] |
| Post subject: | Banks - broke or not? |
Administrators of Lehman Brothers (Europe) to return 100% of amounts due to unsecured creditors plus interest. A first in company admin. history. |
|
| Author: | Leaguefan [ Fri Mar 07, 2014 5:48 pm ] |
| Post subject: | Re: Banks - broke or not? |
Money is concept not real. You can have as much or little as the system wants. |
|
| Author: | Mintball [ Fri Mar 07, 2014 5:49 pm ] |
| Post subject: | Re: Banks - broke or not? |
Yes. And money supply bears no relation to inflation. Remind us again how that worked in pre-WWII Germany? |
|
| Author: | Dally [ Fri Mar 07, 2014 6:06 pm ] |
| Post subject: | Re: Banks - broke or not? |
Leaguefan wrote:Money is concept not real. You can have as much or little as the system wants. Yes money is a concept. But it seems Lehman (Europe) actually had more of it than it and other assets than it owed. |
|
| Author: | Leaguefan [ Fri Mar 07, 2014 7:53 pm ] |
| Post subject: | Re: Banks - broke or not? |
Dally wrote:Yes money is a concept. But it seems Lehman (Europe) actually had more of it than it and other assets than it owed. Agreed which is why the current system is such a ponzi scheme. What the "solution" is is open to debate but the current set up is blatantly flawed at every level and that is down to politicians who"control" the banks. |
|
| Page 1 of 1 | All times are UTC [ DST ] |
| Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group http://www.phpbb.com/ |
|