Jim’s Daily Rant – More On Turn The Globe!
By Tyler Durden: Article They are unofficially nationalizing the utilities, guaranteeing all those that bet on the energy stocks and businesses won't lose their money and quietly putting a halt on about a $Trillion in derivatives and stopping more from being issued.
To me all this is to keep their Central Banks alive, it is not about the common citizen. This is the checkmate in Europe. Other European countries are talking about doing the same.