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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (28244)5/3/2010 2:31:47 PM
From: RockyBalboa  Read Replies (2) | Respond to of 71454
 
Hard to tell. I let one weekend pass and voila, they decided to add some dilution to the eur. As if they can print themselves out of all debt problems. For a time they can, but this comes at a price.

Enjoy the "greek treatment"...

>>>>
Greece accepted the bailout from the IMF and the EU worth $146 billion in order avert default and prevent the countries debt crisis from spreading through the rest of the bloc, but failed to calm the markets as investors speculate that bailout will be unsuccessful to stem the crisis from spreading to nations such as Spain, Portugal and Ireland. Furthermore, the European Central Bank decided to suspend collateral rules on banks depositing Greek bonds “until further notice.”
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