Quote:
Originally Posted by Guest
If they'd (read dim bulbs) had never created the shiat they ( read dim bulbs) never would have had to mix them with the sugar...
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Exactly... Liberals forced banks to make BAD loans...so the banks figured out a way to sell that sh!t off to the greater fool.
The ENTIRE financial industry...is a giant ponzi.
That money, those loans...were made out of thin air. The banks had no "equity" in them. It's MISSED INTEREST payments that they worry about.
A bank gets "credit" from the Federal reserve banks and then uses that credit to issue loans. Their credit to the federal reserve is all the bank has on the hook. The Federal Reserve has $4 trillion on the books...with NOTHING to back it up...but faith. Our monetary system runs on faith.