In a reaffirmation of the fact that the MSM is pretty much ALWAYS the last one to know (or admit) the truth,
here is a report from The Independent (heh) of UK that the British banking system is insolvent. What is does not say is that the
entire Western banking system is not only "technically" but
practically insolvent as well. Welcome to the brave new world of insolvency- brought to you by the Central Banks of the world. We can't get rid of them soon enough.
As an aside, blogger Mike Shedlock highlighted the above report on his blog, and that, apparently, "someone" was
trying to hide it. Well, just to reinforce the fact that there is no "hiding" on the internet and also to let those who don't already know the true state of the British banking system, here it is (a snapshot of the page in case "someone" tries to hide it again):
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