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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (73813)	5/8/2010 1:28:15 PM
From: tejek	Read Replies (2) \| Respond to of 149317

Its supposed to pass in the Bundestag tomorrow. How do you know. I couldn't find any URL which says so. Sorry, I didn't catch this post earlier. As you well know it was passed by the Bundestag yesterday. Last nite, the Eurozones leaders met to come up with a "financial defense plan" that will show some stability for the EU and calm the markets on Monday. With that out of the way, the finance ministers from every EU nation will meet on Sunday to flesh out the details of the plan: guardian.co.uk I really don't think so. I wonder why the world markets are so concerned about Greece. CNBC is reporting that the Euro is recovering and that the Yen is picking up against all world currencies. Wonder why. did they overcome the havoc of the real estate bubble? The world markets are worried about the Greece mess spreading to the rest of the PIIGS......Portugal, Ireland, Italy and Spain. More importantly, they are afraid that with all the money the rest of the EU has had to come up with to save Greece, that that will cause the EU economy to be moribund going forward, hurting the world economy and maybe forcing a double dip in the recession.