"Bank Stress Tests Prove The EU & ECB Believe In Father Christmas, The Easter Bunny And Other Munificent Deities"
Sep 28, 2010 at 11:00 PM
DailyBail in Bank Bailouts, Euro Crisis, bailouts, banks, banks, euro, euro currency, europe, satyajit das, video
Video: Satyajit Das -- On Greece & Europe
Das pounds on the following theme -- the undeniable insanity of bankrupt nations guaranteeing the debts of other bankrupt nations. Greece will default, and there will be haircuts for feckless bondholders no matter how they cry in anticipation.
Runs 4 minutes. Solid truth-telling. Das is the author of:
