• 5 Posts
  • 54 Comments
Joined 1 year ago
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Cake day: June 10th, 2023

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  • Without relation to what Hermoso (or the RFEF PR team) says, it was not appropriate. Even if they are friends, Rubiales is there as La Liga president, not as a friend.

    What would have been the public reaction if Infantino would have kissed Hermoso?

    What would have been the public reaction if Rubiales would have kissed Queen Letizia?

    This guy is a shame to Spanish soccer, I am surprised the backslash is mainly in social media and the mainstream media is just banking with clickbait low level articles. A shame.



  • Look for the movie Zeitgeist (free on YouTube) to understand how banks are able to lend money even if they don’t have it.

    In a nutshell, they are able to lend multiple times the money they hold from depositing clients.

    So for example. If a bank has $100m (clients deposits) they may be allowed, by law, to lend 10 times that amount… Even if they don’t have the money anywhere, the central bank in their country will facilitate that money to the bank. There is much more to this mechanic but this is the core of how the banks work all around the world.