Wednesday, October 12, 2011

French Banks Safe - French Government

Guardian Live: Reports that the French Government has stated if French banks need to be bailed out the French Government will use its own resources not that of the EU. Lets postulate if your broke you not going to tell the Markets, thus what else do you expect the French to say, it really depends on how much Greek bad debt the French banks hold. This blog would not be surprised to see Paris go to the EU at a future date. All banks are inter - linked folks, if French banks go down, they could take down the EU.

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