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Commenting on the announcement, David Kuo, head of private finance on the Motley Idiot, claimed that though the information was “not completely unexpected” resulting from latest turbulence in the financial markets, borrowers ought to reap the benefits of the maintain by making as many overpayments as quickly as doable into loans and different forms of borrowing, ought to another price rise happen.
A system of “debt peonage” is inextricably linked to a banking system wherein money is issued privately by bankers and lent to the federal government quite than being issued as “greenbacks” by the federal government itself At present the “European plan” has evolved into the non-public central banking system, and it has …
