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
To: Olog-hai
Here's a take on that from
Forbes.
The next financial crisis will be hellish, and its 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")
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 its 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")
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