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Chriss777

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Chriss777

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Sunday, 10/15/2017 10:47:40 AM

Sunday, October 15, 2017 10:47:40 AM

Post# of 19165
The 750 million in bonds that NBG sold, who do they belong too? And who bought them? Because they are backed by home mortgages. That means if the borrowers do not pay or can not afford to pay, they will loose their homes. That clearly is not a good thing if the borrowers are Greek citizens. That will only add to the drag on the economy and further the recession.
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