Olusegun Aganga, Goldman Sachs outfit, and the Nigerian economy (II)a

Investment Bank’s strategy such as Goldman Sachs are not too far from these bunch of lenders and are not too far from spotting deficits in your National budget. These Investment Banks always lend to business outfits, always lend to financial institution, to Hedge Funds and always tend especially to oil countries for long term purposes. Goldman Sachs like other Investment Banks always engage the real estate of stable economies of the world. Always engage the stock market of most countries of the world, especially countries where IPOS are monitored. Goldman Sachs always slush funds in many of their ‘shady deals’, all in such a way that the host country and investment grade will sour so high, so fast on the ‘long term greedy’ of a Gus Levy (which is an indirect snob on the greedy going long) that any crack on the rate of expected returns will shatter any business community. In Markets if not Banking and Financing, ‘Excess Returns’ is more or less equal to the Anomaly of Risk. Illiquidity as we find Greece today and in Nigeria 2008, is not without the influence of bad mathematics and manipulation. These market, Greece and Nigeria are high risk markets only useful for shorts. Greece today defaulted on number of real time ‘Expected Returns’ and with that came the instability of the their financial market. This financial failure could have only been the expected and now actual yield from Greece, for it seems clear to many economics that Greece neglected their Domestic Market when it accepted the International barometer for Euro membership. Greece, in accepting the custodian of European membership inadvertently choked the price movement or their local markets and in the end, they were destined to reap the grapes of debacle. In private investment from Europe and US, Greece was expected to grow like others, to practiced eyes that was only unlikely the case, as such the sudden nose of the Greek domestic market, collapsed with it the International investment and bond market, all of which were no surprises.