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To: B4Ranch

Another article on Portugal, dare we say this is a causal relationship?

http://www.freerepublic.com/focus/f-news/2744297/posts


57 posted on 07/05/2011 2:43:06 PM PDT by PeterPrinciple ( getting closer to the truth.................)
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To: PeterPrinciple

>>There also is an increasing probability Portugal will not be able to borrow at sustainable rates in capital markets in the second half of 2013 and for some time thereafter, Moody’s said.

Portugal is receiving funds from a three-year, 78-billion-euro ($112 billion) EU/IMF bailout program and does not need to issue long-term debt in the market until 2013.

Portugal faces formidable challenges in reducing spending, increasing tax compliance, achieving economic growth and supporting the banking system, the agency said.<<

In three months this will be written about us.

>>a causal relationship?<<

You keep your hands to yourself and I’ll do the same. I might even buy the first round. LOL


59 posted on 07/05/2011 3:08:54 PM PDT by B4Ranch (Allowing Islam into America is akin to injecting yourself with AIDS to prove how tolerant you are...)
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