Word of the year? Re-Hypothecation

Created: Wednesday, 21 December 2011 Written by Blinded by the Shite

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 
taRe-Hypothecation

How to run a country broke and make a mint.

It is what caused the GFC, while those pulling the strings made a killing.

It is the same tactic that the outgoing UK Prime Minister is pushing through now to make sure his corporate pals can fleece the population further under the guise of stabilising things.

See if you can understand it via this Russian Times video:

http://youtu.be/ReAgkWw8ue8

Word of the year? Re-Hypothecation. Cheers!