"The ugly and frightening truth is that Europe's banking system is probably going to have to be recapitalised before this is all said and done. So is America's. And come to think of it, so is China's. Widespread insolvency and flat-out bankruptcy in the world's financial sector are probably not bullish for commodity demand. "
Quote From :
Bill Bonner
For Daily Reckoning Australia
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As the Global Banking System finally has broken its feet kicking the can down the road a remarkable event has occurred, an Alien Race who call themselves the 'Andromedon Assistance League' has approached World leaders with a remarkable offer, the initial shock of dealing with these creatures (Described by a Goldman Sacs Representative to look like "Loyd Blankfien with Tentacles and drooling green orifices"
As security for the 1.5 Quadrillion Loan Package the Aliens have demanded the right to take common dirt in exchange. World leaders have signed the contracts, the documents being written in Andromedan language are still being transcribed into English and other Earth Languages.
"What a break" !! Obama stated when asked about the new development. "We can get on with the job of our Kinetic Humanitarian Actions on a much larger scale, you ain't seen nothing yet!"
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