OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

And with the stroke of a pen

Posted by sbr @ 9:19 on August 20, 2014  

sovereign debt is now laid bare for all to see.

http://www.zerohedge.com/news/2014-08-20/argentina-stuns-bondholders-scorched-earth-cramdown-plan

What everyone is so afraid to ask has just happened. A sovereign entity has changed the rules. This is of course coming to the rest of the globe, right Japan? What say you now banking cartel? Argentina has been high yield easy money for internation usury firms, now not so much.  I just wonder if this isn’t the first pin prick to the global sovereign debt bubble.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.