Friday, June 10, 2011

ECB, Greece, China, Default, Bankrupt, mix and match the words to make your own headline

Geez, peek at the following headlines:

* ECB Admits They're Broke

* Chinese Ratings Company Claims U.S. Is Already ‘Defaulting’

* Yields Sink As Euro Mess Feeds U.S. Slowdown

As the market seems like it's building a falling knife pattern, one has to publicly ask: Are the only safe holdings out there 0 and negative yielding treasury bonds WHILE talks of US default are looming?!

It's an odd / wierd world for finance these days.

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