Friday, August 17, 2012

Tanking Humanity Every other Generation

It’s just what they do.
European banks had bad loans on their books worth the hardly imaginable sum of €1,050 billion by the end of 2011, Pricewaterhouse Coopers (PwC) calculations presented in Frankfurt on Wednesday showed. Liabilities not repaid on time was almost nine percent larger than in 2010, PwC said.