Posted 3/25/2013 09:58 (#2989850 - in reply to #2989840) Subject: RE: Dollar/commodity implications of the Cyprus meltdown.
W Texas
Replying to my own thread. Sorry, lol.
The other thing I forgot to mention is that Euro denominated bonds are going to get crushed and new bonds are going to start fetching a big premium causing interest rates to rise for the European central banks. Who wants to loan money to people who won't play by the rules?