We all know about the bond auction today so i’ll skip that. The failure of the auction should have raised a giant red flag with these assholes today. Their unwillingness to come to a resolution has brought the crisis knocking on their door, and it is armed with a hatchet. As fearful as it is, they need to invite the hatchet wielding stranger into their home and make him comfy. If they don’t, he will get up and slash everyone’s throat without a care in the world.
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I think it’s too late man…they run away to the back-door already and there is the second guy waiting them there…
So if Germany leaves the Euro do you think their bond auctions will still be under-subscribed and yields will rise?