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Basel II : The Whole World Is Bankrupt

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  • Basel II : The Whole World Is Bankrupt

    Rules here, rules there, rules everywhere.

    Ha, ha, ha, in the front of the door of the Basel 2, the whole world is bankrupt.

    Why is the bailout urgent?

    Already, most of Europe has implemented the Basel 2 new standard, and the United States is slated to do so in 2009.
    Budget of the United States Government - The Fiscal Year 2009 Beginning October 1, 2008.

    New Global Monetary Authority has a small problem: "Napoli sindrom" - the entire world has a junk rating status!

    01/10 Crom Alternative News - Basel II : The Whole World Is Bankrupt
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