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| User Info | Dr. Strangelove In Europe (Did Kong Just Mount The Bomb?); entered at 2011-12-21 10:25:48 | |||
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Flappingeagle Posts: 1226 Registered: 2011-04-14 
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Quote:The market appears to have discerned that the European area banks have literally pulled the pin on a financial doomsday trade. I made a post that this was happening last week. The banks have made, and are continuing to increase, a bet on the surviving side of the end of the world. If they are right they win big, if they are wrong they don't have to worry about paying. From where they are sitting it is a no-brainer bet for the most part. The only way that I can see for it to be a stupid bet is if somehow the countries muddle along making some other strategy the best route to take. I can't figure out what that could be though. Merry Christmas; Flap 2011-12-21 10:25:48
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