De bankenunie is ingezet om te voorkomen dat de belastingbetaler banken nog zou moeten redden. Maar met mooie technische taal wordt de volgende bailout alweer voorbereid. Vice president van de Europese Centrale Bank, Vitor Constãncio, richtte zich onlangs tot het grote publiek. Er is wat hulp nodig voor de Europese banken. … Lees verder →
Simon: “What we see is a lack of understanding of what the cause and the root causes are of what we are suffering of today. It’s focusing on symptoms. What we have is a nation, and entire Europe, which is suffering from too little money and too much debt. (…) … Lees verder →
If our present banking system, in addition to fraudulent and corrupt, also seems “screwy” to you, it should. Why should money, a public utility (serving the public as medium of exchange, store of value, and unit of account), be largely the byproduct of private lending and borrowing? Is that really … Lees verder →
