Greece Pulls Back From the Precipice

You know why you can't trust the European commentators? Because the information flow over there is ridiculous. How in heck could commentators over there almost in unison say that the Greek deal might not get 60% of the bondholders to exchange their toxic bonds, when in reality it was almost a breeze to do? How could people be so wrong over there?

Some of it, of course, is that the Germans strong-armed tons of holders to get it done. That happened in the last 72 hours. But part of this madness is that Europe speaks with so many tongues and there are so many know-it-alls, and they are such dissemblers in Greece that you can't get a handle on anything....290 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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