Word of the year? Re-Hypothecation
Wednesday, 21 December 2011 By Blinded by the ShiteRe-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:
Word of the year? Re-Hypothecation. Cheers!