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Definition of bund, from Investopedia:

The German government's federal bond. The bund is issued to the public as a way for the German government to finance its spending. The bund is like the Treasury bonds in the U.S. They are government-backed instruments of the highest quality.


1 posted on 04/06/2010 8:40:19 PM PDT by Cheap_Hessian
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To: Cheap_Hessian

We’re next. With the dollar about to crash it makes sense to buy EVERYTHING that you think you might need for the next decade (except, maybe, food, as it is very tough to store). If you have the money, NOW is the time to buy new cars, appliances, and soap.


2 posted on 04/06/2010 8:45:56 PM PDT by BobL
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To: Cheap_Hessian

Idiotic article speaks poorly of “speculators”.....I’ve got news for this author....”speculators” don’t cause these problems.....crappy citizens who vote for crappy leaders cause these messes.....speculators trade on the facts....people don’t want to recognize the facts so they go after “speculators”.....how about going after crappy politicians who create these welfare states?


6 posted on 04/06/2010 9:38:25 PM PDT by There You Go Again
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To: Cheap_Hessian
400 to 450 bits per second? They need faster modems. My DSL in on the last ten feet of squirrel chewed wire and I still get 100,000 bps.

(looking up definition of bps....waiting....waiting)

Oh, bps = basis points = 0.01%. So the Greeks have to pay 4-4.5% more interest on their bonds than the Germans do.

8 posted on 04/06/2010 9:53:57 PM PDT by KarlInOhio (Obamacare: The 2010 version of the Intolerable Acts.)
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