Dislikedorr... maybe not
“Some legislation authorized a $100 billion line of credit from the United States to the IMF. It suddenly occurred to me how this actually works. The IMF puts in the borrowing notice for the $100 billion and the Treasury sends the $100 billion to the IMF. They (the IMF) then use it to bail out Europe.
But here’s what happens, the Treasury sends the money and the IMF gives the Treasury a note because it’s a borrowing. So that’s very significant because for the first time in history...Ignored
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Have I got something on my face, SOLDIER?
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Have I got something on my face, SOLDIER?
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- Dec 18, 2011 6:18am Dec 18, 2011 6:18am
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Have I got something on my face, SOLDIER?
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- Dec 18, 2011 7:47am Dec 18, 2011 7:47am
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If there was easy money lying around,no one would be forcing it into your
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- Dec 18, 2011 7:53am Dec 18, 2011 7:53am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
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- Dec 18, 2011 9:10am Dec 18, 2011 9:10am
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
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Those who say it cannot be done should not interrupt those who are doing it
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- Dec 18, 2011 3:18pm Dec 18, 2011 3:18pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it