Morning mule Had a good chuckle on this one:"Spanish banks...

  1. 43,677 Posts.
    lightbulb Created with Sketch. 92
    Morning mule

    Had a good chuckle on this one:

    "Spanish banks borrow from the ECB at 1% to buy bonds from the govt at 6% 'cos no-one else will. Wish i could get the same deal. Open only to those with really bad money management skills. "

    Yep not cool to make money like that when you have instigated financial risk stategies. What a sec this move is the risk management protocol 101. :-)
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.