[lbo-talk] Private losses again socialized in Greek default

Doug Henwood dhenwood at panix.com
Sat Mar 10 20:26:11 PST 2012


On Mar 10, 2012, at 11:15 PM, 123hop at comcast.net wrote:


> ----- Original Message -----
>
> On Mar 10, 2012, at 4:26 PM, Tony Rolfe wrote:
>
>> I just got a finance newsletter saying it's time to go to work on
>> Portugal. Then Italy, then France. For hedge funds with the money to
>> do these deals, it's beginning to look like a frothy decade ahead.
>
> That sorta shit works until it stops working.
> ___________________________________
>
> And how does it stop working? Political action? Or are there other ways?

No, I was just talking about these market tricks. When they become too obvious, it's too late.



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