| |
  
|
||||||||||
|
|
|
|||||||||
The Daily Paul is a community website with no official affiliation with Ron Paul or his Presidential Committee. The content of posts and comments on the Daily Paul represent the opinions of the original poster, and are not endorsed, approved, or otherwise representative of the opinions of the Daily Paul, its owner, site moderators or Ron Paul. This site may contain adult language and adult concepts. If you are offended by such content, or feel you may be offended by such content, point your browser to a different site IMMEDIATELY. For more, read the Full Disclaimer
© 2007 - 2011 by The Daily Paul. Not paid for by, nor officially affiliated in any way with Ron Paul. | General Site Disclaimer | DMCA Disclaimer | Advertise here
The IMF did the same thing to Japanese banks in the late 1990s.
When they required an increase in capital, the banks stopped lending. This pushed Japan into what they now refer to as the "lost decade". The country stagnated in a deep, long lasting recession.
And they're following instructions
Raising rates, and fees.
I'm not a banker but it would seem to me
The way a bank would raise their capital would be to STOP LENDING. Jeeze, I get so confused. Are they supposed to keep lending so we can all be prosperous again (by going deeper into debt) or are they supposed to hoard the paper dollars the government gave (by looting us) them? The government should a pass a law repealing cause-and-effect so they can do both.