ECB

Fallen Angel Risk Realized: ECB Liquidates Entire Steinhoff Position

Is this a sign of things to come?

Is this a sign of things to come?
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2 comments on “Fallen Angel Risk Realized: ECB Liquidates Entire Steinhoff Position

  1. like i sad in a previous post.
    when will the passive investor stop buying these low crap bonds funded by more and more debt.
    i know–when they get wiped out–hahahaha.
    anyone know when it will happen in the USA? 1 trillion dollar question? or more?
    can anyone spell BIGLY trouble for pensions!?
    so so sad the state we are in.
    surfs we shall become–hmm.
    good luck all.
    sb

  2. “This time it will be bigly different”, not to worry, what we (Fed) can’t shove down the throat of passive, mom and pop (Us) we (Fed) will just buy up ourselves (Fed). WE (Fed) can do anything we (Fed) want and there is nothing you (Us) can do about it. This sh*t is easy when you (Fed) are as smart as us (Fed) just look at the way we (Fed) talk, you (Us) don’t know what we (Fed) are talking about because you (Us) are so dumb.

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