Well, this probably means a last-minute bailout via more money printing by EU.
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
11/09/2011 3:01:26 AM PST by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
All things considered....I’d say that by April...both Italy and Greece are out of the Euro business. The snow-ball affect will be causing other countries to consider retreat. So I’m making this odd prediction by July of 2012....the dollar at some amazing high, mostly for the screwed up affairs of European countries.
To: TigerLikesRooster
Before you know it, they’ll be right up there with Greece, paying ‘subprime’ credit card like interest rates. Eventually these aren’t interest rates, as much as they are implied recovery value with the ‘haircut’ priced in. lol
8 posted on
11/09/2011 3:54:18 AM PST by
KoRn
(Department of Homeland Security, Certified - "Right Wing Extremist")
To: TigerLikesRooster
I wish I understood bond markets better.
Who doesn’t always remember being told bonds were the ‘safe’ investment.
Futures tanking.
10 posted on
11/09/2011 4:06:46 AM PST by
SueRae
(I can see November 2012 from my HOUSE!!!!!!!!)
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