Tuesday, August 28, 2012
lindsey williams emergency update JP Morgan $2 billion loss May 2012
lindsey williams emergency update JP Morgan $2 billion loss May 2012 MORGAN LOST 2 BILLION . They ARE broke, they aren't going broke. Banks don't need money to spend money, they just use credit based on derivatives they they have marked in there books as being worth something. It's all off the counter. The US is broke, does that stop the US from starting more wars? They have credit. The game ends when the debts are called in, but everybody has a gun to everybody's head. Nobody dares to pull the trigger.