Thursday, May 25, 2017

What moron is buying $3bn of Egyptian bonds

Egypt has no money.  Why anyone in their right mind would loan them money and expect to ever be repaid is beyond me.  These are the kinds of whacky shit that mark tops.  They will never be repaid because Egypt is a failed nation and will be for a long time after these bonds are defaulted on.

No comments:

Post a Comment

Hi and welcome to my blog. Comments have been enabled for anyone with a google account.

Twitter Delicious Facebook Digg Stumbleupon Favorites More