"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants – but debt is the money of slaves"
Norm Franz, “Money and Wealth in the New Millenium”
Fitch downgrades debt ratings on Bank of America Corporation, Barclays plc, BNP Paribas, Credit Suisse AG, Deutsche Bank AG, The Goldman Sachs Group, Inc., Morgan Stanley, Societe Generale & UBS AG
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