The banks of Europe are the new Feudal Manors and Masters. All Europeans now serve them as debt-serfs in one way or another. If we knock down all the flimsy...
Tag - sovereign debt
The IMF is calling for a huge new round of bank bailouts. As the Telegraph noted yesterday: Lenders across Europe and the US are facing a $4 trillion...
Last week, a Chinese rating agency downgraded U.S. debt from triple A and number one globally, to “double A with a negative outlook” and only thirteenth...