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| Hey,
We're looking at a slow and painful contagion effect in many countries - starting with Iceland a few years ago, moving from there to Greece, Italy, questions raised on France, Portugal, and the UK, also Hungary ( even though not part of the eurozone ) and it seems that Germany is taking up the brunt of the bailout.
I appreciate that the fundamentals of many companies have not changed, but assuming that their continued value would rely on international trade, once the contagion spreads it could affect even the fundamentals, possibly worst case leading to a break up of the eurozone.
My question - how to profit from the disruption?
If you're willing to take the risk, buy bonds in Italy and Greece - 8-12%
Anything else that could get a good inroad? | |
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About "If you're willing to take the risk, buy bonds in Italy and Greece - 8-12%"
Then if the worst happens & the euro collapses you may only get back 50% of what you paid for the bonds. Good deal?? Or not??