Greek bonds pricing default? 1-year 82%

Greece is finished as we know Greece today.

One can't save Greece from default. It WILL default.

The system, socialistic system in Greece will have to be tore down.

The revolt has already started as Restaurants refuse to pay the new VAT.

It's a matter of time before the entire Greece System Implodes like Venezuela.

When that finally happens, it will be up to the Greek People to choose their next fate. It will be either Free markets or it will be dictatorship.

Time will tell.

The US is on the same course. The Unions said it loud and clear as they declared war on the Tea Party. Man your battle stations because the USS AMERICA is about to be torpedoed. This quarter is going to be one ugly run and the violence is about to break out. I give it before Thanksgiving, we start to see civil unrest with the Unions First. Main street will follow.
 
to all idiots.

if the yield on any product is 82 % and the term is 1 year

the following can be calculated.

you lend the borrower 1 million dollars.

in 1 years time on maturity they pay you back 1,820,000.00.
 
Quote from morganist:
No. Bonds have a negative relationship between the interest rate and the value. The value is at 82%. The converse has happened to the interest rate in this scenario. Bonds have to be discounted in price due to the issuance of new bonds with different interest rates. The value of the bond will change dependent on this factor to fall in line with the return required by the market.

I don't know if I have explained that well. Does that make sense.

I'm waiting for a bitchy Martinghoul. NO.

What do you think Trefoil. Good enough brief explanation?
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I am here... You're right, the above makes very little sense, but it's OK, no point arguing about it.
 
Quote from Martinghoul:

You can't... I have tried to buy some pa, but no luck.
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acronyms are the curse of ET.
pa?
tia (just joking - thanks in advance)
 
Greece is trying to crack down on the VAT but it's too late to save the country

<iframe width="560" height="345" src="http://www.youtube.com/embed/YsphucEWPjQ" frameborder="0" allowfullscreen></iframe>

Quote from EMRGLOBAL:

Greece is finished as we know Greece today.

One can't save Greece from default. It WILL default.

The system, socialistic system in Greece will have to be tore down.

The revolt has already started as Restaurants refuse to pay the new VAT.

It's a matter of time before the entire Greece System Implodes like Venezuela.

When that finally happens, it will be up to the Greek People to choose their next fate. It will be either Free markets or it will be dictatorship.

Time will tell.

The US is on the same course. The Unions said it loud and clear as they declared war on the Tea Party. Man your battle stations because the USS AMERICA is about to be torpedoed. This quarter is going to be one ugly run and the violence is about to break out. I give it before Thanksgiving, we start to see civil unrest with the Unions First. Main street will follow.
More...
 
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