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To: aMorePerfectUnion
Greece will renounce its sovereign debt at least 5 times in history that I know of. If they do this, they will again offer new bonds. They will be purchased readily, since they will be perceived to have much less risk.

Any European country with any sense (I know, a vanishing small set) will forbid any bank from owning any Greek notes, either directly or indirectly.

38 posted on 01/26/2015 3:45:06 PM PST by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: PapaBear3625

“Any European country with any sense (I know, a vanishing small set) will forbid any bank from owning any Greek notes, either directly or indirectly.”

Won’t happen. The EU doesn’t want Russian military bases in Greece.


44 posted on 01/26/2015 4:14:03 PM PST by RKBA Democrat (The uniparty: celebrating over 150 years of oligarchy and political control!)
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To: PapaBear3625

“Any European country with any sense (I know, a vanishing small set) will forbid any bank from owning any Greek notes, either directly or indirectly.”

They are up to their eyeballs already!


47 posted on 01/26/2015 4:50:44 PM PST by aMorePerfectUnion ( "I didn't leave the Central Oligarchy Party. It left me." - Ronaldus Maximus)
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