"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Monday, September 26, 2011
10-year Greek note returns.
A student recently asked me why anyone would want to invest in Greek government securities. I told him I felt that way too but look at the returns.
Feeling lucky Dr. Parker? Try the 1 year! You really have to view in atleast the 3yr chart to full appreciate it.
ReplyDeletehttp://www.bloomberg.com/apps/quote?ticker=GGGB1YR:IND#chart