“I think the banks are lending to the traders who are playing in bonds and currency as well as trading there themselves”.

You probably nailed it right there. The global banking resources are “doubled down” on the traders desks scrambling for “profit”. The world’s financial market is just one giant global casino. There is no such thing as “investing” any more.

The problem is that these idiots have not thought about where they are going to “invest” their bonuses. There is no way out of the bubble they are blowing for themselves – and the rest of us.

It is very worrying that Germany was unable to sell its bonds this morning. Did you have to tell us that?