Bailouts have become known for their so-called “unintended consequences”—however intended they might have been. And now, unintended consequences strike again. The ECB’s purchase of decomposing Greek debt—an under-the-radar bailout of banks and insurance companies—are making the favorite solution to the Greek crisis, namely another deep haircut, legally impossible, says Bundesbank President Jens Weidmann.
Read…. Unintended Consequences Of Bailouts: Greece Gets Slammed
Reminder here. It is not Greece or the Greeks that are bailed out here, It is the banksters from USA, Europe and the rest of the world that are being out here. Not Greece. Every time I read that a country is being bailed, I understand how we live like in the novel 1984.The only ones that have to be slammed are the banksters.
Talking about unintended consequences and Weird Wizards of Economics, last week I saw a magician transform an 01 dollar bill into a 20 dollar bill in front of me using any shadow and light games, 007 old style tricks or any of baby Ben Bernanke’s voodoo dolls to upset my eyes whatsoever. I’m so impressed by the magic that I think I’ll film the trick and post it here.
But just don’t tell the Rats on Wall Street how to do it, because according to Dr. Rupert Sheldrake when you teach a W.T Rat in NY how to transform o1 dollar into a 20 dollar bill the Rats in London will learn the trick faster.
Dr. Rupert Sheldrake explains it better, please, jump to 8:00:
http://youtu.be/OqaATPAnTZQ
Byall!
@ marcio…I think they’ve already learnt how to do that, but by another order of magnitude, can you say “re-re-re-hypothecation”, the trick of light and shadows where they turn 1 dollah into 1000 dollahs?