greece could default within hours , page-12

  1. strauss
    22,120 Posts.
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    08/03/12
    23:58
    Post #: 9814404
    Breaking News? Haha Where have you been? Under a Rock?

    6am local time is the deadline

    Bond holders are getting screwed with 50% loss on what was once considered a safe AAA Investment, maybe not Greece but Govt Bonds in general.

    But what's their choice really, either take a guaranteed 50% of something or risk getting 100% of nothing

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    lightbulb Created with Sketch.  Great analysis
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