Monday, April 26, 2010

Προειδοποίηση


Greek spreads "widening" (most people say "blowing out" or "exploding" or some equally pyrotechnical term).

Institutional integrity will cede to pragmatic alms giving in the short term. This will come at significant cost as the modern manifestation of a Brady Bond (using the IMF as proxy) is the only port in the storm.

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