Friday, August 12, 2011

Eurozone Crisis = Live




Telegraph Live: Has interesting commentary form the BBC Business Editor Robert Preston on what happened in the UK in 2008 after the UK imposed a short selling ban, in essence a banking collapse. Folks the banks in Spain, Italy, France and Belgium will either have enough money to survive or they will need a Government bailout, then the debt from these banks will be on the Governments ledger, lets recall Belgium does not even have a Government, and its been a year. Just more debt added on to more debt folks, it can only end one way, bailouts and the end of the Euro.

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