Well I agree with that but how? Take the example of the famous eurobonds... U had an all bench of dummies running around and jumping up and down, with a euro area gross liability at 96.5 per cent of GDPn how long do u bet it is going to take before the dam thing is shorted big time and what would be the rating to start with... Now as long as we have so few people paying interest to what's going on and willing to force politicians to act responsibly... Frankly... Don't know.
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