Archive - Apr 13, 2012 - Blog entry

But they forgot to check with the Germans.

In the end having a system without rules is not the same as having a system without consequences. It may be hard to figure out the consequences in such a poorly articulated system, but in time the system will tell you.

That is what EMU is finding out and what the rest of the world is discovering as the flaws in the global financial system become more apparent. But we are much better at finding flaws that at finding solutions.  

"I cannot imagine any condition that would cause a ship to founder. I cannot conceive of any vital disaster happening to this vessel. Modern ship building has gone beyond that."--Captain Smith Commander of Titanic

Destroy the image and you will break the enemy...

Special 2012 Rehypothecation Edition: Dedicated to low life Bankster (not Banker) thieves in bespoke pinstripes and brogues.

Get those rotten tomatos ready