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Message Subject When ? Will you people realize that there will be no recovery until the banks of the world are solvent & stop taking on more losses !
Poster Handle Anonymous Coward
Post Content
As long as they engage in fractional reserve banking which is really fraudulent reserve banking they are in the red as soon as they make a loan.

The banks have zero motivation to become solvent

There is no way that the banks can be made solvent if they continue to business as usual and since governments around the world gain great advantage from their business practices, theft and fraud, at he citizens expense, I'm not holding my breath.

The only way out is to repudiate the bankers debts, then and only then will things change for the better.
 Quoting: Anonymous Coward 33661162


You do understand that this debt you speak of is part of your 401K and IRA's. How will the evaporation of your saved nestegg make things better ?
 Quoting: Anonymous Coward 34837866


How can a fraud be a good thing? I truly feel sorry for all those who were conned into these things, I've known they were frauds from day one.
 
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