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  • Youngone91
    if you think about it hard enough, sovereign defaults are actually bullish for equities. check out GB after it "defaulted" in 1932
    11/12/12
    Reply (3)
    • Youngone91: bonds and equities compete for capital
      11/12/12
    • Hypnos7: The downside is that a sovereign default can murder your currency, offsetting the nominal gains in equities.
      11/12/12
    • Hypnos7: QE is just a slow default.
      11/12/12