Dig this.
French Finance Minister Christine Lagarde said Wednesday finance ministers and central bankers from the G-7 countries—the U.S., Japan, the U.K., France, Canada, Italy and Germany—would discuss ways to support Japan's response to the crisis, including the potential purchase of Japanese bonds.
So the Euros, who are bankrupt, will buy Japan's bonds because Japan is bankrupt and facing more expenses just a few months after Japan, which is bankrupt,
bought European bonds because the Euros are bankrupt.
M. C. Escher, please pick up the white courtesy phone!
I'd have gone with the waterfall one. Or the "assending desending".
ReplyDeleteBut you're exactly correct.
http://de-bondt.eu/post/MC-Escher.aspx
"I'd have gone with the waterfall one."
ReplyDeleteYou mean like the one in this video?