by kadoomsoon » Wed 19 Dec 2007, 00:00:01
Hey, thats a funny!
A cheaky, peaky, summit!
Peak economic summit has been hit, ding ding ding.
Well, we know the first two weeks of January are going to be fine anyway... they wouldn't collapse the economy whilst in the midst of a meeding, eh wot?
Moon Gordon brown.
December 18, 2007 (LPAC)--The European Central Bank (ECB) announced today the latest unprecedented move, probably destined to be unprecedented until tomorrow. As part of the deal struck by five central banks last week, unlimited amounts of short term money are being made available to any bank, at the cheapest possible rate of 4.21%. This is bare 21 points above the European official interest rate, and way below the interbanking rate which has recently been around 4.9%. The Financial Times reported that the ECB expected a demand for the two-week money of Euro 260.7 billions, but by mid-afternoon they were reporting that Euro 348.6 billion - $502 billion - had been grabbed up.
These guys are crooks, they are basically counterfeiting for themselves.
I could use some too!
Awe, why don't they ever give me some too? That's not fair.
Last edited by
kadoomsoon on Wed 19 Dec 2007, 00:18:23, edited 1 time in total.
___________________________
Everything is going to happen more or less simultaneously.
Your relatives,their broken down car, and their credit card debt are coming to live with you in 2008