Gresham Bouma
Thursday, June 14, 2012
You Can't Make This Kind of Stuff Up
As part of Spain's rescue, Italy, with about a 120% debt to GDP ratio, is borrowing at over 6%, and then lending to Spain at 3%. Who will lend to Italy next week? Spain? More likely, you will.
https://chumly.com/n/14397dc
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