Yes
But I wonder why he
is buying Greek depth like a maniac?
until now he has bought more than 4 000 000 000 E Greek depth,
for those who do not know he is Paul Kazarian
he claims that although by following today counting Greek depth seems to be to be 175% of 'per capita'
by following
International Public Sector Accounting Standards IPSAS is much lower,
simply for him Greece has not a depth crisis but a liquid money problem,
well I still have not found,
maybe he is buying very cheap with big risk (100 for 10-20 and waits to get 100 after)
or indeed IPSAS method is giving Greek depth much much lower (18% as he claims)
anyway he worked for Goldmans Sachs before Japonica, so something is in the 'fog'
maybe he is a new money vulture, or a indeed by following different method Greek depth is not so high
anyway I still believe that banking system should be forboden to lend money to states