Revise the Theory of Surplus Value, Otto...

Actually most banks sit on huge assets but they are unrealisable - eg. bricks & mortar, staff, etc. or in other investments such as mortgages and loans. All these banks are in debt to one another in extraordinarily complicated ways that no-one really knows who is ultimately in credit or not. It's perfectly possible for banks on both sides of the deal to look like they're both in profit depending on the pricing models they use, which is part of the original problem...

Posted By: BerlinCanary, Oct 10, 15:19:52