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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST
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To: elmatador who wrote (92385)7/11/2012 3:55:55 PM
From: carranza22 Recommendations  Read Replies (2) of 218072
 
Austerity is not only insufficient, it won't sit well with Spaniards.

Haircut is the only way, but that will be very unpopular because ownership is very much domestic. They will see it as adding insult to injury.

The pain the Spaniards will feel is enormous. There will be social unrest.
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