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From Financial Warfare to Financial Lunacy in Hellas – Greek 2-year bond yield 45%!!!!!

From Financial Warfare to Financial Lunacy in Hellas – Greek 2-year bond yield 45%!!!!!

By Nick Skrekas Can anybody else see the insanity in this supposedly efficient market reality? The interest rate on a 2 year Hellenic state bond on financial markets on Thursday (Aug. 25) hit an astronomic 45%! Yes, this means you loan money to Hellas for two years and your return will be a interest rate of 45% – I am […]

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