UAE & planet collapse - developing
Posted by Ivo Cerckel on November 30th, 2009
The United Arab Emirates central bankster stands behind local and foreign banksters operating in the country. (1)
What’s the use? The latter are involved in fractional-reserve banksterism.
The central bankster stated that the UAE banksterism system is more sound and liquid than a year ago. (1, again)
Has fractional-reserve banksterism been repealed?
The Gulf Co-operation Council has enough foreign assets [ABROAD] to tackle debt, according to two special studies. (2)
Abroad, thus not under the GCC’s control at home.
Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/
NOTES
(1)
U.A.E. Central Bank Stands Behind Lenders, Adds Funds (Update3)
By Arif Sharif, Nov. 29 (Bloomberg)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aM2MVwCsQXRY&pos=1
(2)
GCC has enough foreign assets to tackle debt
By Nadim Kawach on Monday, November 30, 2009
http://www.business24-7.ae//Articles/2009/11/Pages/29112009/11302009_04fa5d58ab1b47d9878d233c16065632.aspx