Notes From Underground: Lies, Damned Lies and SADISTICS
For a quick update on the impact of austerity budgets:  Portugal
2/10: -260 basis points Ireland 2/10: -135 basis points Greece
2/10: -1114 basis points    Tags: , , , , , , , , ,  7 Responses
to “Notes From Underground: Lies, Damned Lies and SADISTICS”
1. Peter Says:       nice blog. I came via JS.      For me,
queries, as to Euroland, are misdirected. We have too many
problems here in the USA.      BB will print and ship to Europe.
The Chinese are talking about supporting Euroland. Everyone is
afraid that one or more counterparties to the some $600 Trillion
in notional value of derivatives may fail.      This is like the
Cold War with all missile silos in the USA and the USSR open
with weapons armed and ready to launch. Bombers approaching
fail-safe. Back then, the antagonists could go off of red alert
and stand their weapons down.      Today, all financial weapons
have been launched. A party has bought a guaranty, manufactured
by a counterpa