If the European Union starts
breaking up or the Euro starts breaking
up that's gonna throw a spanner and a
lot of people's works. Nobody's
really sort of planned on that. Most of the euro bonds, none of them, very few of them have any provision
for what happens if there is no Euro. I mean, Italy owns several billion
dollars worth of bonds. Suppose Italy
pulls out of the Euro and they suddenly
says, "okay we're gonna pay you back in Lira". Well that's that's gonna confuse a
lot of people and caused a lot more
turmoil.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Wednesday, March 28, 2018
Blog Archive
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2018
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March
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- Euro Break Up, European Bonds
- Investing: Russia, China
- Trade War: Where Will China Strike Back
- A Trade War Would Cause A Catastrophic Bear Market
- Will Bitcoin Succeed? A Few Thoughts.
- Tariffs Are Not Beneficial
- Video: Junk Bonds, Stock Market & Interest Rates
- Views On Real Estate
- Investing: Looking For A Safe Haven
- Markets: I'm Short Junk Bonds
- The Worst Bear Market Of My Lifetime
- Everybody Owns The Same Stocks
- Market: Treasury Yields Will Keep Going Higher
- The Next Bear Market Will Be Awful
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March
(14)