Tuesday, November 8, 2011

Contingent Liabilities

A good way to tell that you're being jacked off your money is when people give you all this fat sounding nonsense that you can't make a damn sense off, Like:


"But the ECB rejected this request at the time saying it was not in its mandate and would impose contingent liabilities on its balance sheet."


What the FUCK does "contingent liabilities" mean? Can it be drawn on a piece a paper? Can it be explained by simple dictionary words in just one (even very long) phrase?


No? Than it's a rip off. There's no such thing good science can't explain in simple words. Isaac Asimov proved it [RIP]. Michio Kaku proved it. Stephen Hawking proved it. And THEY are the smartest people on this planet and still could explain us so that we can understand.


(Me - Listening to the Pirates of the Caribbean theme song)

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