Spanish Bonds in Andalusia
June 22, 2012 at 05:34 AM EDT
The Bulava-esque trajectory of the “bailout” of the Spanish banks would be hilarious if it weren’t so tragic. But it was predictably tragic. The Euros pulled one of their characteristic delay and pray moves. (Though, being thoroughly pomo, I doubt praying had much to do with it.) In essence, they funded-maybe, because the details of [...]
