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Europe is Damned | 125 comments (125 topical, 0 editorial, 0 hidden)
heh (none / 0)
but they need to borrow to buy back the discounted old bond...

...unless France and Germany do the buying themselves, and hold the paper to maturity, making a nice profit in the process...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Feb 11th, 2010 at 05:07:55 PM EST
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Europe is Damned | 125 comments (125 topical, 0 editorial, 0 hidden)
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