Tuesday, 5 July 2011

More rope, vicar?

"[...] A great irony presents itself, since a Greek Govt debt default might trigger huge Credit Default Swap contract payouts by AIG, now obligated by the USGovt. [...]"
(From July 1st Jim Willie article)

An interesting nuance, I thought.

I do wish he'd fade the conspiratorial tone in his articles, it's just not really necessary is it? And off-putting for potential new readers not pre-packaged with a tin-foil head adornment, IMO.

More commentary at the Facebook page

Visit the page to find more news, commentary and community... (Like the page and you'll also see comments on links above - jus sayin.)

Twits can also apply here...