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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (29628)7/19/2011 11:12:12 AM
From: marcher  Respond to of 119360
 
--“This whole idea of inflicting huge amounts of local sacrifice in order to generate a surplus to pay back foreign creditors to keep the euro intact is an absolutely crazy economic policy,”--

so sez midnight in madrid, too.



To: Les H who wrote (29628)7/19/2011 11:26:45 AM
From: bentway  Respond to of 119360
 
I see these countries being bailed out by Europe as ending up like Haiti. When Haiti drove out the French, the French made them PAY, and they are STILL paying, to this day.

en.wikipedia.org

"France demanded payment of 150 million francs (modern equivalent of $21 billion)"

They've been paying France for almost 200 years, and aren't clear yet.