Monday, December 1, 2008
Sadly, this is real, not a spoof
Banks, including those in the USA and the UK, are now implementing flexible and pragmatic central bank support programmes where these are deemed necessary in their National interests. That is precisely the path that we began over 4 years ago in pursuit of our own national interest and we have not wavered on that critical path despite the untold misunderstanding, vilification and demonization we have endured. The US government has stepped in and injected lifeboat schemes in which billions of dollars have been printed and pumped into the economy. In Zimbabwe our Troubled Bank Fund set up a few years ago was criticized by multinational institutions which are now silent while the US and UK are following the same path.