
Honk Kong and Shanghai Banking Corporation, sounds a little ... RED if you ask me ...
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Sat 11 Oct 2008, 17:20,
archived)

So are Citibank, they have so much money in reserve they could buy out the country
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Sat 11 Oct 2008, 17:24,
archived)

BBC.CN you "communists" and your huge banks !
Edit: there be no such thing as a reserve (well a viable one) in modern banking, if a fair few peoples wanted thier money she would fall.
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Sat 11 Oct 2008, 17:28,
archived)
Edit: there be no such thing as a reserve (well a viable one) in modern banking, if a fair few peoples wanted thier money she would fall.

well when you get chance ask him to show you the Citybank Vault containing the trillions worth
of literal currency that would underpin this ....
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Sat 11 Oct 2008, 17:35,
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of literal currency that would underpin this ....

presumably you mean Gold and other such commodities?
I can state for the record that Citibank do have physical reserves of Gold. Massive physical reserves....
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Sat 11 Oct 2008, 17:42,
archived)
I can state for the record that Citibank do have physical reserves of Gold. Massive physical reserves....

yes but i bet it's no where near to the 9:1 (physical:imagery) ratio it should be to actually be able to pay peoples back in a massive run.
but I don't really care too much about it so I'll shut up, capitalism is sliding into fascism as was inevitable, it's time for a redo..
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Sat 11 Oct 2008, 17:47,
archived)
but I don't really care too much about it so I'll shut up, capitalism is sliding into fascism as was inevitable, it's time for a redo..

i was the max you could lend before it got ridiculous and imaginary, like today where nothing is real and it's all "confidence", but alas i think i'd prefer the gold (shit 1:9 got here before me ... no gold! no i will not accept confidence!)
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Sat 11 Oct 2008, 18:10,
archived)