Re: [OPE] More banking problems looming... in the EU

From: Paul Cockshott <clyder@gn.apc.org>
Date: Sun Oct 26 2008 - 17:29:06 EDT

Quoting Jurriaan Bendien <adsl675281@tiscali.nl>:

>
That report is very interesting Jurrian. The ability of the
banking system to just create huge sums of loans is staggering.
The UK, is a net borrower nation but its banks have provided
300 billion credit to Asia!
>

Paul Cockshott

www.dcs.gla.ac.uk/~wpc
reality.gn.apc.org

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Received on Sun Oct 26 17:42:39 2008

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