Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: familyop

I love the smell of commie globalism burning in the morning. No empire. Too bad
Better hope that Germany doesn't build it then, and don't help them along in spirit.
50 posted on 11/18/2011 6:11:21 PM PST by Olog-hai
[ Post Reply | Private Reply | To 49 | View Replies ]


To: Olog-hai
Here's a take on that from Forbes.

The next financial crisis will be hellish, and it’s on its way
Forbes ^ | November 17, 2011 | Addison Wiggin

Excerpt of excerpt:
"The Greek crisis is first and foremost about the German and French banks that were foolish enough to lend money to Greece in the first place. What sort of derivative contracts tied to Greek debt are they sitting on? "


54 posted on 11/18/2011 6:20:38 PM PST by familyop ("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
[ Post Reply | Private Reply | To 50 | View Replies ]

To: Olog-hai
Correction: The same with the link that I forgot to post with it.

Here's a take on that from Forbes--more dignified, IMO.

The next financial crisis will be hellish, and it’s on its way
Forbes ^ | November 17, 2011 | Addison Wiggin

Excerpt of excerpt:
"The Greek crisis is first and foremost about the German and French banks that were foolish enough to lend money to Greece in the first place. What sort of derivative contracts tied to Greek debt are they sitting on? "

[The same applies to Italy.]


56 posted on 11/18/2011 6:26:10 PM PST by familyop ("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
[ Post Reply | Private Reply | To 50 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson