Updates and anecdotes on political developments in the Bolivarian Republic of Venezuela, written by a gringo PhD student working in the capital, Caracas.
Wednesday, April 22, 2009
Floorplan of disaster
This, in a nutshell, is why your retirement plan just disappeared. The arrows and numbers represent the degree and quantity to which these financial services companies are into each other, and how they're linked to 'normal' banks (how, precisely, not so sure...but don't you love the way it looks like a mushroom cloud?)
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