Off the microphone of RE
Aired on the Doomstead Diner on August 2, 2014
Discuss this Rant at the Podcast Table inside the Diner
…The Financial Warfare game continues to heat up, with the premier Bombshell of the Week dropped down on Vlad the Impaler from a $50B Fine from the Hague in Brussels, which is starting to get into the territory of real money.
Besides that the Italian Gestapo just made a Grab for $150 M in assets from Nomura, which is chump change of course but still a significant development to watch. Then also the Portuguese Holding Company of Espirto Santo is in the process of being carved up for whatever assets it has on its books, which all are likely quite worthless but still significant for Contagion reasons across the banking sector.
In the past I predicted this sort of occurrence, which I label under the category of Pigman vs Pigman, like the old Spy vs Spy from Mad Magazine. You have a variety of different Thieves and Gangstahs all at work here, and now with little left to STEAL from J6P, they are in the process of cannibalizing each other…
For the rest, LISTEN TO THE RANT!