Monday, April 21, 2008

Debt Rattle, April 21 2008: Hordes of pitchforks

Marie Antoinette, October 16 1793 Ilargi: How crazy would you like your Monday? Try this on for size:� The Bank of England doesn�t hand out just $100 billion. No, the program is unlimited! It might be $500 billion. Or more. They won�t tell till six months from now.� They don�t just buy mortgage securities, insane enough as that is. No, they accept credit card debt as well, and subprime debt too.

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