posted on May, 29 2012 @ 04:26 AM
Originally posted by bobs_uruncle
The Bank of England borrows its money from the City of London which is controlled by the Rothschilds and Oppenheimers. The Rothschilds control the
IMF, World Bank and the BIS.
Let's not get hysterical and off-topic about something that is not really true. Truth is not made by the volume of poorly researched blogs and
To topic. Lloyds is merely making contingencies against Greece forcing themselves out of the Euro by refusing to implement a programme which would
balance their economy.
I feel very sorry for people in Greece, but they have spent the last few years living a dream of excess, coupled with a culture of tax avoidance.
They have become a “take, take, take” society without consideration of the problems their behaviour was going to cause.
This may be unpalatable, but it is factual. While I think “austerity” is difficult, I think all countries need to live within their means and if
that means a reduction in government spending then so-be-it.
The wider problem with the Euro is that it was a currency created for - and by - Germany and France which were already rich and had advanced
economies. It is lucky that the UK had the wit to keep the pound sterling. If Greece had kept the drachma then would they have tried to spend like
Germans? Probably not.