Deutsche Bank AG (DB): Should also say.. Italy is no Greece. W...

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Re: illegal_alias post# 543

Tuesday, 07/31/2018 6:33:25 PM

Tuesday, July 31, 2018 6:33:25 PM

Should also say.. Italy is no Greece. With Greece (Tiny), the can could be kicked without huge risk. With Italy, the risk was massive.... But they kicked it anyway... Several times...

The latest Can kicking exersise was to sell Italy 2 year bonds at negative interest rates. Yep thats right.. a country in REAL RISK OF DEFAULT they actually paid for it to take the money... The reason ???.. simply any interest rate would break them.

Yeilds raised since then.. they are truely now *%£&#@

The next kicking exercise is to invent something entirely new... 100 year bonds at near zero yeilds.. because in 100 years time getting back the original investment (no interest) is a great deal right ?

What could possbly go wrong....

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