Thursday, April 22, 2010

Athens, You Have a Problem

Greece is on the edge of a financial crack-up.Greek 3 year bonds are up over 150 basis points, nearing 10%.

1 comment:

  1. At first blush I thought this was bad news.

    Then I realized there will be no sovereign debt default as long as I, J6P, have money in my pocket to pony up in the form of increased taxes to covertly fund the World Bank.