...if it followed Trichet's advice and became eligible for loans it can not possibly repay. How in the world could that seem like a reasonable plan? Even Obama's finance team might hesitate for a half a second on that one. But, what's amazing is that the ECB seems to think it was reasonable and they are in charge of the current fiasco - this certainly reinforces my lack of confidence in their confidence game. All Iceland really needed was to join the G-20 and then they could have setup a police state to forcibly take money from people without their cooperation.
The master coverup plan by the Federal Reserve and the US banking system was to implement a massive accounting fraud via derivative's based liquidity generation - please read Derivatives...what the heck were they for? which I wrote regarding the use of derivatives to create the illusion that there is enough money to cover the fractional reserve debt money obligations.
Realtor.com Reports Active Inventory Up 31.7% YoY; New Listings Up 13.5% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
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