Sunday, October 12, 2014

Which Country Will Stiff Bond Holders Next?

Economist magazine says its probably Ukraine or Venezuela.

My forecast is that eventually they will both stiff bondholders.

It should be noted that the current Ukraine government, put into power by behind the scenes US Machiavellian moves, has adopted a policy of high taxes and other interventions that will turn the country into a third world pit.

1 comment:

  1. Who benefits from Ukraine "going under"? Russia? US NeoCons? Banksters? If so, how?