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2010-03-22 Europe
Merkel: No Greek Aid Pact This Week
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Posted by Steve White 2010-03-22 00:00|| || Front Page|| [5 views ]  Top

#1 And after you are done with the Greece disaster, there is Portugal, and then Spain. And who will foot the bill for these sick financial puppies?

And on a similar note, who will foot the bill for California and other states in financial disaster? Especially when we are all tapped out? Congress? the Chinese?
Posted by Alaska Paul 2010-03-22 01:41||   2010-03-22 01:41|| Front Page Top

#2 
Our revels now are ended. These our actors,
As I foretold you, were all spirits and
Are melted into air, into thin air:
Posted by g(r)omgoru 2010-03-22 03:55||   2010-03-22 03:55|| Front Page Top

#3 The EU have been playing this silly game with the hedge fund managers for weeks now. It's got them stumped. They don't know whether to short the Euro or not.
At the beginning of the week Barroso and EU financial institutions say they are close to reaching agreement on bailing out Greece, causing the managers to pull back, then at the end of the week Merkel tells Greece what they can do, and hopefully Greek-style until it hurts.
Then at the beginning of the next week the song and dance starts all over again. In the meantime Greece is stocking up on loans at a lower rate of interest and Papandreou is implementing draconian reforms which he can blame on the Steel Lady Chancellor, Merkel.
Posted by tipper 2010-03-22 04:22||   2010-03-22 04:22|| Front Page Top

#4 in an interview with Deutschlandfunk

The Germans never fail to surprise. Trying to imagine George Clinton in lederhosen here.

How do you say "Average White Band" in German?
Posted by lex 2010-03-22 06:03||   2010-03-22 06:03|| Front Page Top

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