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Greek bonds now yield less than Treasurys, and that’s as irrational as it was in 2007

Elsewhere in the news, there is currently a serious movement to dedicate 25% of the EU Budget to combating Global Warming, to achieve carbon neutrality by 2050, to serve as an example to the rest of the world. Since Renewables are central to this effort, energy costs are expected to significantly increase. France, Spain, Italy, etc are supporting this effort, although Germany hasn't yet committed. Since energy is the life-blood of economics, expect a further slowing of the European economy.