So they'll either have to let Greece default, hammering lots of French and German banks that hold Greek debt, or buy even more bad Greek debt to let Greece dig itself deeper into a hole. When they faced the same choice last year, they chose the digging.
Read all about it at John Mauldin.
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Inauguration Day
Joe Biden right now listening to Trump talk about ending government censorship and the weaponization of justice:
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Does anyone actually study MATH anymore?
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