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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (90729)	5/29/2012 3:51:31 PM
From: carranza2	4 Recommendations Read Replies (1) \| Respond to of 218227

there's nothing wrong with a euro for Europe. Certainly not.....if you're Greek, Portuguese, Irish or Italian. The Germans might have a different idea. It isn't really a problem for the euro if Greece goes bust. There may be some derivatives that will blow up taking a few big banks with them, capital flight out of the weaker countries (thereby exacerbating austerity and precluding growth), contagion in America, recession or depression throughout Europe, civil unrest in Greece and perhaps elsewhere when the real austerity hits, etc. Except for those tiny and inconsequential items of bad news, the euro will do fine. It might end up being worth a fraction of its present worth, which will surely create enormous problems for its holders. Still, you're right, an euro will still be an euro just like a dollar in 1965 is still a dollar. I suggest you establish the courage of your convictions by backing up your Tonka truck and buying lots of euros. Mq, please register at a stock exchange so I can short you. Enjoy the Olympics.