Portuguese foreign /public debt - trapped in a sea of gains and losses

João Galamba, a uncouth, foul-mouthed socialist "Chico esperto"

The interest rate on Portuguese debt is beginning to be difficult to predict 

in a context of great market uncertainty, 

trapped in a sea of gains and losses caused by the different forces 

that influence the economy and the world financial system.

The six-month and two-year Treasury Bonds suffer the largest variations: 

about 20% increase in interest on both maturities, 

a trend that also occurs in other securities.

At four, six, 10 and 20 years, 

Portuguese debt securities 

are becoming more profitable for investors who buy, 

a trend that increases implicit costs for the issuer.

The tax-payer always has to pay-up for the madnesses 

of these irresponsible socialists!!

By Galamb's pseudo-enlightened views of the socialist geringonça's paradise 

in which Portugal now lives and the ad nauseam bedevilment 

of the previous government's action and reforms, 

which were forced upon them, under strict international rules 

of an international bail-out programme, 

to clean up the messy bankruptcy, 

left behind by the corrupt governance of José Sócrates, 

of which the foul-mouthed Galamba was part and parcel, 

always forgets the sordid past of his socialist party 

and wags a finger and accusses left and right the PSD/CDS coalition 

for their efforts. 

But the rattling in the socialist, marxist-leninist closet, 

must be by times so deafening, 

that he has to shout louder and louder for his voice to be heard 

above the skeletons' bone rattlings!