Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The World Is Not Enough

When It Becomes Serious, You Have To Lie.

- Jean-Claude Juncker

If you want to better understand the truth about the international sovereign debt crisis, you might want to listen to Kyle Bass here.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: Chris DeMuth Jr is a portfolio manager at Rangeley Capital, a partnership that invests with a margin of safety by buying securities at deep discounts to their intrinsic value and unlocking that value through corporate events. In order to maximize total returns for our partners, we reserve the right to make investment decisions regarding any security without further notification except where such notification is required by law.