REAL WORLD EVENT DISCUSSIONS

Depression at 1% interest, banks charge 30% interest

POSTED BY: PIRATENEWS
UPDATED: Thursday, October 9, 2008 08:08
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Thursday, October 9, 2008 8:08 AM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!


With late fees banksters rob suckers, er, customers at 100% to 100,000% interest.
Quote:

THE (PRIVATE) "FED"

More rate cuts in train, economists say

Show of force designed to avoid depression

MarketWatch
Oct. 8, 2008

Economists are convinced that there will be more rate cuts in coming weeks, as global central banks seek to get the financial market functioning.

"The playbook to avoid depressions says rates need to be as close to zero as possible, banks have to be rescued, public spending has to rise and free trade must be maintained," Shepherdson said.

www.marketwatch.com/news/story/more-rate-cuts-train/story.aspx?guid=66
BBC920-2F97-4483-AF1F-2DF3B4E8CF0C&dist=SecEditorsPicks


Note the lie about "free trade", which is translated as "export all your factories and farms to Communist China so banksters get even more rich and overthrow your nations, suckers!"

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