Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default
Originally Posted by ang
Agreed 100%. This would be my reading of it too. Nothing new in any of this of course, Europe operated like this for Centuries. Its just a bit quieter now. No Mounted Cavalry deployed or High Castles built, its all done through the Magic of the Markets.
Life is not much fun so far this Century.
The first robot president won by exactly one vote. Ah, yes! John Quincy Adding Machine. He struck a chord with the voters when he pledged not to go on a killing spree. But, like most politicians he promised more than he could deliver.