Payments to the European Central Bank (ECB) are part of the emergency liquidity assistance scheme that Greece’s economy needs to stay afloat.

The ECB normally provides liquidity at low interest rates, as long as a national central bank provide adequate collateral. Risks accompanying the loan are proportionally shared between the banks that make up the ECB as a result. When a country has no acceptable collateral, then the ECB loans the country cash at a higher interest rate and shifts all of the risk to the recipient country.

Greece currently has no suitable collateral, only government debt with horrible credit ratings indicating there is little to no confidence the debt will be repaid. The country requires loans from the ECB because the recent debt crisis has sparked capital flight, leaving Greek banks unable to carry out normal operations.

The ECB therefore provides loans at a hiked up interest rate, taking junk-rated bonds and debt as collateral so that the Greek banks can continue to function on the understanding that Greece will carry out “harsh austerity terms” as part of a program to restructure the country’s budget and eventually repay the loan.

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I spent a few minutes trying to find a clip because I did not remember their one night stand having any awkward baking session where Ray secretly made bread for Ani. In fact, it was probably one of the most depressing scenes in the entire season so I was kind of confused.

Then I realized it was an innuendo

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He was suspended from highway patrolling because he was falsely accused of soliciting a blowjob as a bribe, staining his legacy.

He rides around and discovers Caspere’s body and gets involved in a conspiracy that has the chance to redeem him.

He gets killed as a result of that conspiracy and the stain on his name is removed by naming a highway after him, when it was a highway that got him in trouble in the first place.

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Reminiscent of Sophocles' tragedy, “Oedipus the King” where Oedipus blinds himself after the completion of a fulfilling prophecy: killing his father to sleep with his mother.

When I say Oedipus blinds himself I mean he takes long golden pins and shoves them into his eyes to avoid looking at his daughter-sisters born of incest with his mother-wife.

Full text here for you to feast your eyes on.

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From this it is safe to conclude that Lil B subscribes to the theory of solipsism.

Solipsism

…the philosophical idea that only one’s own mind is sure to exist.

There are many conclusions we are led to from this statement, namely that the only person you can truly know and trust is yourself.

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Metaphorical foreshadowing for how they will both be dead and meet six feet under or in hell.

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