Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
But of course that is not the problem of the creditor. Money is fungible. If Ireland borrowed x billion in 2008 or 2009, it used y billion for it's normal spending and z billion for the banks. But they didn't told me - the fictional bond buyer - about that. They just sold me a bond.

If you say "banks!" I will say "my credit paid for the unenmployed!"

by IM on Fri Feb 4th, 2011 at 09:05:01 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Sisyphean syphilis

by marco - Mar 26
21 comments

Movies

by DoDo - Mar 7
21 comments

Two ruins

by DoDo - Mar 14
7 comments

Greek MP Lapavitsas on Grexit

by Upstate NY - Mar 15
294 comments

Recent Diaries

Sisyphean syphilis

by marco - Mar 26
21 comments

Greek MP Lapavitsas on Grexit

by Upstate NY - Mar 15
294 comments

Two ruins

by DoDo - Mar 14
7 comments

Hello

by alexc - Mar 12
6 comments

Movies

by DoDo - Mar 7
21 comments

The new Greek government program

by talos - Feb 23
171 comments

More Diaries...

Occasional Series