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2011-09-08 Europe

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Posted by DarthVader 2011-09-08 17:00|| || Front Page|| [5 views ] Top

#1 The good thing is: Greeks will finally focus on the leftist unions and free spending politicians who caused it. Knock them out of their villas.

Posted by Clomble Unaique3744 2011-09-08 18:57|| 2011-09-08 18:57|| Front Page Top

#2 Yes.

That was easy. Iceland is looking very good right now. Argentina is doing so good they want the Falklands back. England has cut its military so much plus they are among many in a economic black hole. Estimated 1 trillion needed for European banks. O will write a check I guess. That's what our markets are looking for. They want some of his stash.

Posted by Dale 2011-09-08 18:59|| 2011-09-08 18:59|| Front Page Top

#3 Greece has already defaulted, in the sense Greece cannot make good on the money it's borrowed.
More interesting remaining questions are (1) which banks will now fail (2) what are the next sovereigns to default (3) how far will the resulting credit crunch extend.

Posted by Anguper Hupomosing9418 2011-09-08 23:11|| 2011-09-08 23:11|| Front Page Top

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