How it can works in countries without aggressive policies, higher productivity and political control on large reserves of natural resources ???
IT CAN T .....
A banking system based on debt CAN T WORK in the countries with evonomies based on Tourism, natural resources ... and a low industrial field.
This is why the currencies market is tricked and dominated by only several major currencies ....
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TOO MUCH DEBT, NOT ENOUGH TANGIBLE ASSETS ..... Russia and Asia are hoarding physical gold, skills and tangible assets. The power is going...
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The former President of France has supported the creation of the Euro ..... France has just minted a 2 Euros coin to honor him. Born... -
I believe i have been a bit UNFAIR with the concept of Fractional Reserve Banking, and money creation out of nothing .... I think the ini...
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