The banks lost all their money, put pressure on the politicians who in London, agreed to give them all the money back, by taking our money and giving it to them for the next 20 years.
The also agreed to leave the tax havens pretty much as they are – well the ones that people with money send there non-taxed wealth to. Err….that’s it! (Thats enough cynicism…..Ed)
This
http://seekingalpha.com/article/129500-banking-on-energy-rather-than-currency-or-gold
just up in the US, also to be published in the Oil Drum today
There’s a typo in it, so if you republish it
“Producers of energy, such as Russia and Iran may then – in exchange for value received – would issue”
could you remove the word “would” highlighted….
Chris