"I'll have a second serving of crazy please"
Juan Cristóbal says: – We’ve discussed the insanity of the government’s recent bond extravaganza here and here. The great Miguel summarizes the whole carnival here.
What does the government do?
Why, announce there will be more bonds to come!
Yup, that’s right. More debt, more arbitrage, more corruption. Just what the doctor ordered.
I guess this proves Alí Rodríguez does not read this blog…
(Hat tip: Capablanca)
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