16.4.10

The Euro Circus

"Investors benefit from the subsidy of the euro countries, pocketing the profits they make on Greek bonds. The most active players, in addition to the hedge funds, are European banks which are the biggest creditors to Greece.   And they are being saved again at taxpayers’ expense. The euro group is being led by the nose ring by market speculators around the capital market arena, either due to a fear of Greece or a lack of market understanding." Frankfurter Allgemeine Zeitung

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