Single Post Display - MarketTicker Forums

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Single Post Display (Show in context)

User: Not logged on

User Info

Ah, Truth.... (Nigel Once Again); entered at 2012-06-13 12:08:35

Mannfm11
Posts: 3545
Registered: 2009-02-28 DFW, Tx

Amen Smack: I usually buy so little in one place or another that I don't use a cart, but when I do and am thinking about it, I will grab one out of the lot. Remember though, they used to carry your groceries out to the car.

Leicestersq wrote..

I wonder if someone can help me understand something.

I read today on the news that there are once again huge withdrawals of deposits from Greek banks, hundreds of millions of Euros. What I dont understand is where all those deposits are coming from?

Is it possible that the Greeks are fabricating those deposits?

Leicester, all deposits are fabricated and the accounts are balanced by loans between banks. It is a shell game of fraud, developed by bankers and endorsed by the criminals they put in government. If banks didn't carry on this ponzi trade, they would all collapse in hours.

It is my understanding the ECB has been loaning the Greeks money under various nonsense programs. They now have barnyard material for collateral and can't take the stuff out of the chicken coop, so they came up with a loan a week or 2 ago. Theoreically, there isn't any more money in the banks than collateral. Take a turd to your local pawn shop and see if you can borrow anything on it? That is what is left of the Greek collateral, but to admit it means the whole system of banking in Europe has its shell game punctured. This has a little to do with Greece and a lot to do with bailing out the ponzi known as banking.

2012-06-13 12:08:35


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!