[screaminsunshine]

The Socialist parasites have a big problem. They have killed the host.

[bruinbirdman]

The debt spiral. Borrow too much, it costs more to borrow to pay the previous maturities.

If the Greeks' new bonds are guaranteed, their interest rates will still exceed other EUrotopia bond rates. If Germany is guaranteeing them, why lend to Germany when you can make more from Greece?

yitbos

[bruinbirdman]

How's that for posting to the wrong thread?

yitbos