An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, August 19, 2016
#LochteGate
"I went to the place where every white face is an Invitation to robbery An' sitting here in my safe European home I don't want to go back there again..."
"Brazil has the second biggest dollar-denominated debt in the world after China, according to the Bank for International Settlements. Brazilian companies have borrowed billions of dollars over the last decade, and might find themselves unable to repay those debts if the dollar gains more ground against the real."
Same thing as these street level gas station thugs with the gun... disgraced USD zombies all of them....
"Give us $11,000 for a soap dish or, we'll hold you hostage."
ReplyDeleteBrazil...so corrupt.
And Mike they probably really meant 11,000 DOLLARS
ReplyDeleteRight there is the tip-off... completely corrupt...
Here:
http://money.cnn.com/2015/12/16/investing/fed-emerging-markets/
"Brazil has the second biggest dollar-denominated debt in the world after China, according to the Bank for International Settlements.
Brazilian companies have borrowed billions of dollars over the last decade, and might find themselves unable to repay those debts if the dollar gains more ground against the real."
Same thing as these street level gas station thugs with the gun... disgraced USD zombies all of them....