Added: 5 months ago
From: ClarkeAndDawe
Views: 23,033
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  • Oh so clever once again.

  • It's all the more absurd when you come to realize that the money the bank loaned in exchange for the bond, doesn't in fact exist.

    it was just a figure typed into a computer at the time the "loan" was made, the bank creating its "loan" money out of thin air.

  • @AnnoyedDragon yes,yes,yes!

  • Still top-rated in the satirical political commentator category.

  • Brilliant stuff - I loved it!

  • At 5% interest-rate and 2% inflation it takes 25a to double the money "invested". The banks have had way more time without a default. They will still have gotten money even after a 100% default. I don't call that unsafe. If you lend money to a country that has more than 150% GDP in debt you ought to know there is some risk.

  • So many quotable lines as always, fantastic work gentlemen.

  • "Place head in hands and close eyes..... what do you think got us in this position in he first place.."

  • haha: "Do you have risk management?"

    "well there's a dartboard in the foyer..."

  • B.- " you in banking ?" J.- " are you a client of ours ?"

    B.- " no, i'm in Australia "

    J.-" oh ... yes , in that case - yes , i'm in banking , yes indeed i am ."

    LOL ! ;) Brilliant ! Genius ! these guys are just THE BEST in political comedy . Second to none ! - by far .

    They seriously deserve a National Medal of Comic Excellence or something like that , they have kept me in stiches every week for something like 8 years or more .

    I absolutely LOVE THEM ! Keep them coming guys :)

  • head in hands and close eyes!

  • lmao the comment about bank risk management was brilliant, these guys are hilarious!!!!

  • Brilliant as always.

  • The tray IS in the upright position. Watched this one over and over, got me every time! XD

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