Wednesday, December 28, 2011

If I was called Mr Fabulously Wealthy, would you lend me all I wished for Luxuries?

Just because the ECB calls itself the European Central Bank does not mean it is good for money it raises. Would other Central Banks, all backed by their long-suffering and serf-like tax-payers, lend funds to the Lunar Central Bank, or given the presence of bacteria on a planet such as Mars the Bank of Mars. We should all hope not!

Why therefore do Central Banks back the ECB, when Europe has neither taxpayers nor demos, and few taxpayers will soon be elsewhere solvent across Europe to be found to be willing to ever back it, as the EU is disbanded and trodden into the dust of history to be  hopefully quickly forgotten and completely unmourned?



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