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<p>[QUOTE=&quot;InfleXion, post: 1667427, member: 29012&quot;]This was out of necessity. Britain&#039;s debt/GDP is even far worse than Japan&#039;s. They would have a real tough time servicing their debt if they ceded monetary control to the ECB, but they did promote the agenda. Shared monetary control is the problem in the first place, secondary to the debt accumulation of course. Otherwise nations like Greece, Italy, and Cyprus could inflate their debt away like others instead of going through austerity measures and now blatant theft. </p><p><br /></p><p>London is the only city in the world where rehypothecation has no lawful boundaries, hence the huge green bar. I don&#039;t think it&#039;s a coincidence that this is where most major frauds have occurred; Bear Stearns, AIG, MF Global, the London Gold Pool, et al. </p><p><br /></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/12/World%20debt%20to%20GDP.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>

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