Bail out lenders by giving borrowers more debt
Business Insider December 19th, 2014
"the Central Bank of Russia continues to provide refinancing in exchange for non-marketable securities that banks can generate in almost unlimited amounts"
Let's get this straight, Russia raises the interest rate to 17% to "defend the ruble", but then hands out unlimited amounts of newly printed money, taking fabricated "non-marketable" collateral as security. I call that a "brake stand" - the accelerator and brake fully applied at the same time. Should work great. Yet again, lenders get bailed out while borrowers get shafted with 17% interest rates.
HOW TO IMPLODE YOUR ECONOMY THE FASTEST WAY POSSIBLE.
Triple the interest rate in less than one year, while oil and the ruble get cut in half:
This just in...
ZH: December 22nd, 2014
Borrowed too much, can't pay it back. Printed too much money. Currency collapsing Etc. Etc...
"The end of Ponzi World only comes once, but bonus comes every 365 days"
