You know this thread brings an interesting question, Since germany is currently emerging as the de facto leader of europe how should it behave torwards its member states. How will it act torwards russia, will merkel continue Ostpolitik ?
It is fact and widely accepted that both parties to an agreement are bound to the agreement. If party A breaks the agreement then party B may suffer a loss but party B can hold party A liable. In this example this may spell permanent expulsion from the EU. We talked about this many pages ago.
I did indeed compare a drug dealer with the bank lending. What was not clear about that? A dealer sells a product in exchange for money. A bank lends money in exchange for interest over term. Far fetched examples? Much more in logical agreement than the drivel you post here. By the way you still insist you paint a balanced picture with your articles? Lol.
That is precisely why you are the moron on this website. Because it does not go into your thick head that the bank was not the one who violated loan agreements with a mortgage borrower.Which matter clogs up your arteries for you to not comprehend this simple fact? I really start to get the impression you are an idiot who is present to incite disagreement. I have not found one single write up that walks us through 2-3 thoughts that is your own in almost 50 pages. You are a cheap copy cat with no own product nor thought. Leave out investors in repackaged products and the rating of such products, it is a different story altogether and most banks have already been held liable over this and been fined appropriately.
oh, now I read them? I thought you insisted I do not read them? And did you not claim you provide a balanced picture? By the way where did you copy the bloomberg screeshots from?
wow, the author's wife of 27(!!!) years diseased on May 16, 2012 and he got re-married June of 2013? Thats 1 year. Married for 27 years and a year later the wedding bells are ringing? Absurd. But hey, you are on a straight line to top your author's credibility with each post.
A drug dealer is just as guilty selling drugs as the person buying them. Each are complicit in the crime and at fault. It's just that the fault is for different things. A Banker who lends to someone who cannot pay back is guilty of extending a loan without doing due diligence (or ignoring basic financial responsibility to shareholders, etc). The person taking the loan is guilty as well, if they take it without intent to pay it back, or eventually do not pay it back as they have violated the agreement they signed up for. What part isn't clear?
Yet you continue to engage in conversation with someone you consider to be a fool. Who's more the fool? The fool or the fool who follows him around? The bank did not violate the loan agreement, but they are just as guilty as they put forth a loan they knew could not be repaid (or if they did not know, then they are guilty of failing to do proper financial analysis on the debt and party asking for the loan - fraudulent or ignorant - take your pick). And yet, after 50 or so pages you are still here shouting at the rain. Go away if you don't like it - or keep whining for another 50 pages. I could care less. It's not a different story. The banks are guilty of misleading investors, and it's an important part of my argument of why they are guilty. You can't just discount it because it's not convenient to your narrative.
Here couple facts: * Germany does not feel comfortable to take a leadership role, never has once after the war and still does not want to be the leader of anything. It just wants to go about doing its work and business and not sucked by some lazy savages. It certainly does not understand its role as payer for every other member state citizen's dvd player and outboard engine. * How it acts towards Russia? In very measured but firm ways, much firmer than the French who are more afraid their defense deals with Russia fall through. Germany is also dependent on Russian natural gas but yet the country has been at the forefront of sanctions imposed on Russia. Btw, Merkel speaks fluent Russian among couple other languages. She also has a PhD and was a lecturer in Physics. And she probably already now outperforms Thatcher in terms of political clout, influence, and power. Any other questions?