The insanity spreads

Friedrich Dominicus — Sun, 09 Nov 2008 08:22:09 GMT

Now after the first round of insanity, it spread over the next branch. In Germany we have this "FMStg" I call it "Enteignungsgesetz", you can compare it to Paulsons braind dead fail(sorry bail) out program. Now the funs begins really.

1) the German car manufactureres have their own branchs of banks and their quite insane offer is 0 % interest rate, and such like. Well guess what happens, now this branches want to get money under the FMStg regime. Great stuff.

2) Even worse, the german car manufacturers just have build heavier and heavier cars and have not cared about cost effecitve cars. Now the people start sparing their money and now the insanity starts galooping. They now are for a reflation of the markets.

If that's not enough stuff for bust, misfortune and breakdowns. Then I have no idea what else will "be enough"

Ah yes now after the fat year ins the car and steel industry you can probably guess who ask next for "help". We have bank, car manufacutrers and then.....

Yes indeed you got it the steel industry.

We'll know how thos things end, in a big bang. So be prepared.....

Euro-libertarians

The insanity spreads