2014-04-10theautomaticearth.com

``it's still hard to see how these new Greek bonds are de facto anything else than Eurobonds in disguise. Investors buy them because of the implied, alleged, suggested support from the ECB, where Mario Draghi had pledged to do anything he needs to in order to support the euro and eurozone. For all we know, the ECB itself may have bought a large slice of today's issue. Not directly, of course, but there are always ways.''



Comments: Be the first to add a comment

add a comment | go to forum thread