Gods of the World

Gods of the World

Thursday, January 26, 2012

Another interesting Greece chart

Since I still don't understand why they are so stupid and continue to negotiate till today with Merkel instead of just leaving the Euro and establishing their own monetary policy, here is something interesting that i came across FT today...

Take a look at this chart, Greece is officially the first country to have bonds to yield over 1000% outside periods of hyperinflation...



But at least the short end of the yield curve for Spain is looking better today than 2 months ago so...





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