In A Typhoon, Even Pigs Can Fly (For A While)

by Charles Hugh-Smith
ZeroHedge.com
01/30/2014

Here’s the global financial crisis in a nutshell: access to easy credit can solve a temporary liquidity problem, but it can’t increase the value of collateral or generate income. Once the liquidity typhoon dies down, the insolvent pigs will plummet back to earth. That’s what we’re seeing in the periphery economies and shadow banking systems around the world.

The Rest…HERE

This entry was posted on Thursday, January 30th, 2014 at 1:54 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.