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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 414.48

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Jan 9 4:00 PM EST

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To: TobagoJack who wrote (70508)	1/22/2011 6:00:07 PM
From: carranza2	Read Replies (1) of 219198

What we need now is an expert in Irish politics. Say what? I repeat, an expert in Irish politics. Why? Because if the present government is thrown out of office on March 11, as is likely, the new government is going to be under tremendous pressure to do something to reduce the Irish debt burden. What that something will be no one knows. It can begin with the Germans taking the bit in their teeth, as suggested here birdflu666.wordpress.com Or it can be as harsh as renouncing senior debt, telling everyone to take a hike. This is probably unlikely as the ECB would raise holy hell with the Irish. But something more or less drastic could happen, especially since the Irish people are in a pitchforks and axes mood. I pity Trichet. Obama's and Bernanke's troubles are a walk inn the park compared to his. Will China get involved in Irish troubles? Doing so would be a master stroke of politics and diplomacy. So, if you want to place bets, etc., find an expert on Irish politics and divine what the new government is going to do after it ousts the present one.

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