Tuesday, July 12, 2011

Italy and Spain, Who Next to FALL ?

Telegraph: Reports that debt bonds by Italy and Spain have sky rocketed over the their debts. Folks you can forget the PIG countries should either Italy or Spain go under, the German Government wants austerity from Italy, good luck with that, it hardly has a function Government, the personal scandals of its PM is more fun for the newspapers than the fact Italy is coming close to being broke, it should consider its position, it might just have to leave the Euro. Lets be honest folks, if the PIGS left the Euro the Euro just might last, otherwise its going down the toilet and taking the EU with it, the politicians have their heads in the sands, they cant cut bait and that bait is the Euro.

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