Just when you think they (the Governments) have run out of creative ways to load risks onto taxpayers in order to boost sales of debt to fund own empires... here comes Italy with new twist on financial engineering in sovereign debt space: http://www.reuters.com/article/2013/10/21/italy-derivatives-guarantees-idUSI6N0HU01420131021
Desperate? You bet What will they think up next?..
H/T to @greentak
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