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    LOL -what world do you live in Reg.

    Look at who these 'financiers' actually are and whose money they invest, these people who you hate so much. These are the people looking after your pension. It is your money, the money of everyone who has an annuity or some kind of pension income that is at stake here. Sovereign debt is meant to offer low returns for a low level of risk to underpin and protect the pensions people receive.

    What you are complaining about here is the unwillingness of the 'financiers' to risk people's pension income on a government that is likely to default. You are also complaining about these 'financiers' seeking a return commensurate with that higher risk of default.

    These people did not cause the global crisis either. The problem we have now is irresponsible high spending governments who have borrowed far too much and have failed to control their spending. Made worse by being locked into a currency so devaluation cannot be used to help them towards a solution.

    If you want to post about such matters Reg then you need to make sure you understand what you are talking about. You have just made a complete fool of yourself

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