Tag Archives: bailout

How Greece Got Quantitatively Eased

One thing we need to understand about bailouts is thisthose who get bailed out don’t really get any money. So it was for Greece; she did’t get any either. Where did the money go? To the rightful owners of all the money, of course, the bankers. I used to work for a bank, so I know a little bit about it, although my station in the pecking order was way below the billion dollar bailout levels.

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