Friday, July 15, 2011

Treading Thin Ice

Greek debt is selling with a 1/3 return "guarantee." IF Greece pays it back, your $100 would get you $133 when the bond matures.

IF

If MY credit cards suddenly jumped from 5% to 33% I would like to think I'd stop charging them up so fast. Then again, I don't have to run for re-election.

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