A popular term in financial journalism for worthless debt instruments. This includes the fact that the zero value (blank value) is attributed to the fact that the debtor is insolvent and perhaps always has been. – See Absence Capitalism, Bad Bank, European Monetary Union, Fundamental Error, ECB Fall from Grace, Lending Rule, Air Papers, Papers, Toxic, Provincial Bankers, Subprime Lending, Redistribution, Central Bank-Influenced, Securitization Papers, Confidence Bubble, Lemon Trade.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/