mercredi 30 novembre 2011

Central banks (i.e. your money and mine) to the rescue

I just got these three tweets in a row this morning. It's the good old story being retold once again: Big Capital and Irresponsible Government enter into their umpteenth unholy marriage and leave behind a financial mess. The resulting janitorial work is for rank and file Joe & Jane to do. Central banks, that is your pennies and mine, are coming to the rescue at the expense of social services, employment and general well being.

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