Seeking Alpha
  • The_American
    Eurobond had to be done otherwise could have been catastrophe & anyone says otherwise is ignorant. If EUO works XLF KBE FAS may rally BAC 41
    12/26/11
    Reply (7)
    • jason2788: Eurobond will have the same end game my friend. You clearly do not understand socialization of the debt doesn't eliminate it.
      12/26/11
    • jason2788: It just shifts the debt from one balance sheet to another. Period.
      12/26/11
    • jason2788: Socialization of debt, centralizing it on a broader group allows even more debt to be accumulated, the result will be even more disasterous
      12/26/11
    • talbano: who has decided on Eurobonds?
      12/26/11
    • lesterbujko: If Greeks went back to the If Greeks left the EURO zone, their economy would improve
      12/26/11
    • The_American: The Russians hired C DB and a few others for Eurobonds. It's money swaps. Believe it not and considering circumstances what the U.S. Did-OK
      12/26/11
    • The_American: Well said Jason. At the end of the day everyone pays the Piper. Our banks KBE XLF are healing. Don't expect BAC to be at 60 but healing slow
      12/26/11