Bankers Are Highly Trained Experts In The Lending Of Money Until Things Go Wrong And They Turn Into Victims: pKeith Humphreys on the Euroland crisis: I have read endless coverage of the Euro Crisis, and my head is now spinning as I learn of sovereign debt swaps, inter-market currency trades and European Central Bank-mediated transaction insurance schemes. I then go back to a much simpler analysis: The system was set up financially such that [...]/p
Nothing but a bunch of crooks.
