>As the guy says in http://www.businessinsider.com/theres-only-one-way-forward-for-europe-and-this-isnt-it-2012-9, "Unless a sufficiently large number of us wake up in time, as in right now, people will be shot to death in the streets of Athens and Barcelona just so the banks can continue to hide their losses."
>
>Which is the truth, but not the whole truth. These banks are in debt, they incurred losses... but where did the money go? To whom do they owe that?
>
>Or was it just imaginary money that they invented? If so, why the austerity, to return the imaginary money?

Dragan;

Such matters are beyond the understanding of created intelligence. The important thing is that the executives working in the financial industry are compensated correctly. Bonuses are the norm for incompetence. Investors deserve nothing. The public deserves even less. Yes, where does all the money go when a finicial institution or company evaporates?

The stock market looses 5000 points. So what? People loose his/her pension and savings. They have nothing. These same investors and more will pour money into the same system with the thought of greed, and “surely I cannot loose again”! Talk about history repeating itself.

There was a newspaper cartoon/television series called “Fearless Fosdick”. He was an officer of the law. In one episode someone shot a cannon ball through his chest, reveling an extremely large round hole through his body. You could look through his chest. How did Fearless Fosdick react? “Never fear! Fearless Fosdick is here”! Yes folks, reality means nothing! There is no financial crisis. If there were, the people that created it would know how to solve it. :)


http://en.wikipedia.org/wiki/Fearless_Fosdick


Tom