Sunday, December 11, 2011


I love this fancy financial talk! This is another new word in the shadow banking system lexicon which can basically be a synonym for 'stealing' - that is to say, borrowing money which isn't yours, in order to speculate, without telling the original owner that you've borrowed it. Here's an excellent explanation:

And here's some more straight-talk (from the bears) about MF Global and the systemic collapse:

No comments:

Post a Comment