Realcent.org

Looks like the two pro-bailout parties have enough between them to form a coalition, so they'll be able to kick the can down the road some more. Euro rising again as a result - amazingly enough, but the speculators only care about tomorrow. Next, will the terms be enough to cause the populace to revolt in the streets?

Great question. i think they should look at Iceland personally. Give the bankers the finger. But they didn't vote that way????

Market has moved past tiny Greece. More focused on Spain these days.
Cheers!

Jonflyfish wrote:Market has moved past tiny Greece. More focused on Spain these days.
Cheers!

Yes, market has moved past Greece. For the moment.

Yes, Spain in the latest cross-hairs. The contagion is spreading. Italy to come. Even France not immune, especially after further stressed from the rest. Greece not solved, and is still there to pile on - sometimes the latch to the lever is tiny. But they can hold on for a time, if they print money.

68Camaro wrote:

Jonflyfish wrote:Market has moved past tiny Greece. More focused on Spain these days.
Cheers!

Yes, market has moved past Greece. For the moment.

Yes, Spain in the latest cross-hairs. The contagion is spreading. Italy to come. Even France not immune, especially after further stressed from the rest. Greece not solved, and is still there to pile on - sometimes the latch to the lever is tiny. But they can hold on for a time, if they print money.

Greece can't print money. The Euro in its current form has already failed. How the mess in Greece is to be resolved is what the market seems to have been focusing on as the domino effect happens. France and Italy are a mess. The CDS market has already discounted a lot of stress to come. I suspect that the collusion will be forced into creating the unsavory Eurobond. Se la vi to the South as slaves to the north. The Germans will dilute their wealth and power so the Spaniards can preserve their siesta time. As back wrenching as it is for the Germans they will still be better positioned by paying for the laziness of others.

Cheers!