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We warned for a Bond and Treasury debacle already in 2009. After Greece & Co. the US Municipalities sit in deep problems....We're coming out of the eye of the storm and this time BOND holders will be wiped out. Governments have NEVER paid back their debts and this time won't be different.
Toggle Commented Nov 17, 2010 on QE2 Sinks Munis - Time to Buy? at Planet Yelnick is now following The Typepad Team
Nov 16, 2010