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The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
Re: Calling Jake... (4.00 / 2)
Then they'd have to lean on the Fed. But yes, it's easier to hide things like that on the books of your central bank than on the Treasury's books.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun May 8th, 2011 at 03:26:48 PM EST
[ Parent ]
Re: Calling Jake... (4.00 / 2)
Just use a FOREX swap with a slightly skewed present value to hide the loan. Then when the swap blows up you can still fleece Ireland...

Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Mon May 9th, 2011 at 02:10:47 AM EST
[ Parent ]

The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
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