Friday, October 28, 2011

The Great European Debt Plan Hoax

To this end we invite Greece, private investors and all parties concerned to develop a voluntary bond exchange with a nominal discount of 50% on notional Greek debt held by private investors. (via)
Haha. For half of the "nominal" value (as in "issuing price"), I would "voluntary" give away my car. And most of the things I own. Can I interest you in some VHS cassettes? Only half the nominal value! It's a bargain!

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