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Archive of entries posted on 27th October 2011

They have a “deal” in Europe. We have higher GDP. Both are “for now.” Enjoy them.

Greek bond holders will get 50%. Which is good since many hedge funds bought their bonds at 36%. Handsome short-term profit. Read this piece Greek Bonds Lure Some, Despite Risks. Now all the Europeans have to do is to print vast quantities of Euros. Super good for inflation. Says the Financial Times this morning: The […]