While some scans are running (by the way, I have some very interesting charts you'll be interested in), I just was browsing for the latest news and came upon what I suspected we'd eventually see.
The ink isn't even wet yet, much less dry in Athens, but anyone with the slightest understanding of envy could see this coming a mile away, as a matter of fact, just yesterday I used the very words, Moral Hazard in describing the Troika/Greek negations. Maybe "dangerous precedent" would have been more appropriate.
As we know, there's no deal even done yet and already Irish Eyes are eying what they may be able to get, if Greece were to get anything.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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