Sunday, Feb 21, 2010

Calamari and other Greek toxic debt recipes

Market Oracle: Eight Financial Fault Lines Appear In The Euro Experiment!

Alphabet soup of squid inventions designed to keep Greece spending through the bubble years and who holds the toxic stuff. This looks so much like the subprime CDOs jiggery-pokery when applied to profligate government spending.

Posted by mountain goat @ 06:31 PM (419 views) Add Comment

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