Fixing Europe (for now) w/ One Trillion Dollars

-
Michael Belkin, via Barry Ritholz, on how to resolve the Crisis in Europe : The Uncollateralized Trillion Euro Perpetual Zero Coupon.

Read it, and pay attention to the fine print.

(click to embiggen wildly)

Comments

Post a Comment

Popular posts from this blog

Cannonball Tree!

-
Image
Spotted this one just outside the Ravindra Kalakshetra in Bangalore .  Its called the Cannonball Tree , but is - technically (i.e., in Latin, if thats your metier) - Couroupita Guianensis , or ನಾಗಲಿಂಗ ಪುಷ್ಪಾ  in Kannada. The fruits look like Cannonballs (well, d-uh), and the flowers are really quite amazing, and pretty ludicrously distinctive...
Read more