"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
Europe considers issuing bonds denominated in Chinese currency. BusinessInsider details the multitude of reasons why this is a short-sighted, unworkable, self-defeating, and generally idiotic idea. Chief among them is why would China want to buy bonds from countries already hopelessly…
The “agreement” is that bondholders will take a 50% chainsaw, er, “haircut” on their Greek debt. In yet another stunning “agreement”, this will somehow not trigger credit default swaps – in other words, they’re not really default swaps any more,…
The ECB itself knowingly took in bonds they knew were not going to be able to be paid in full, and now having done so is demanding that everyone except them cover the cost of restructuring Greece’s problems. So what?…
Michel Montecrossas. In The Street. Politics is cheap, you can’t trust a top thief. Fight your way through, be tuffer than all lies. / You know you’re in the jungle – it’s no surprise. / If you kill enough you…