Wednesday, August 10, 2011

Germany and France and the Bailouts




Telegraph: Reports that the debt contagion that has gone from the PIGS of EU could start to effect the last bulwark of the Euro, France and Germany, the costs of these Countries borrowing has started to go up. Lets be honest folks, if France and Germany go down then its good by for all of us in Europe, thus not quite discounting this story, would have to see lot more damage to the foundations of Germany and France. But lets recall the US has been downgraded, thus nothing is off the table folks, on this story would take wary eye, its bad, its disastrous folks but Europe is not dead yet!

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