in General

Clarke and Dawe on the world’s lending merry-go-round

Clarke and Dawe on the 7:30 Report last night, for my international readers:

“How can broke economies lend money to other broke economies who haven’t got any money, because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent it to them in the first place cause the broke economy can’t pay it back?”

“You’re wasting very valuable time, Roger.”

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  1. If only they had asked how much Ireland owed before our government bailed out all the banks and developers. Sickening.