11.23.11 Greece Wins: The First Euorpean Nation with a 300%+ bond yield this year

By John Galt
November 23, 2011 – 14:45 ET

Do I really need to offer a snide remark or commentary? Seriously?

How about some fireworks to celebrate and congratulate the effort?

Yet there are those morons who appear on the “financial news networks” and proclaim that “sure, there’s no problem, the Greeks can pay this off.”

There are better odds that we’ll see pictures of Barrack Obama and Michelle Bachmann nude, in bed, at a Motel 6 in Ottumwa, Iowa being leaked to the media.

The default wave of the PIIGS has begun.

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