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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.44+0.6%Dec 12 4:00 PM EST

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To: TobagoJack who wrote (90740)5/30/2012 6:02:53 AM
From: Snowshoe1 Recommendation  Read Replies (1) of 218482
 
>>Taleb Says Euro Breakup 'Not a Big Deal'<<

Spexit?...

6 reasons Spain will leave the euro first
Commentary: Spain is too big to rescue, and doesn’t want it anyway
marketwatch.com

The Spanish are a lot more likely to pull out of the euro than the Greeks, or indeed any of the peripheral countries. They are too big to rescue, they have no political hang-ups about rupturing their relations with the European Union, they are already fed up with austerity, and there is a bigger Spanish-speaking world for them to grow into. There are few good reasons for the country to stay in the euro — and little sign it has the will to endure the sacrifices the currency will demand of them.
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