Wednesday, November 30, 2011
timing aside ...
there's a fortune to be had investing now in italian and spanish bonds
just borrow very long to buy em
or use cash
when the ECB comes to the rescue these prices will soar
greek bonds ?
maybe not so much ...
i fear the hair cut there
and prior to the general latin europe/club med rescue
pour encourage les autres
and this haircut to that side car of the zone
might also
have a nice bi product
by pretending maybe
"you're next dagos"
the corporate guardians of a free peaceful and united europe
can squeeze out some more pub sec pruning
mustn't be to obvious just yet
that club meds big boys are les ' too f'in big to fail '