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View Full Version : British bank review tomorrow (downgrades)



ZenOps
05-23-2011, 11:53 PM
http://www.businessweek.com/news/2011-05-24/moody-s-to-place-u-k-banks-on-review-for-downgrade-sky-says.html

They still have a lot of sway on us Canadians.

"British banks accepted about 1 trillion pounds ($1.6 trillion) in government bailouts and guarantees following the 2008 financial crisis"

Some say that the London exchange attempting to buy the TSX was all just printed money, and is just an attempt to steal what they can while they can still get away with it.

I tend to agree. Much like the $600 Billion or so of each QE the US printed to do things like steal resources like 200,000 tons of copper from the LME.

So: US steals from UK, UK steals from Canada. To make the circle complete - we must print up at least a Trillion CDN, and steal from the US.

Harper! Do it!

max_boost
05-24-2011, 01:45 AM
Lol:thumbsup: