Telegraph Live - Spain: Reports the following on this mornings Spanish bond sale, “ ..hoping to get away €3.5bn, but only found buyers for €2.59bn - and had to pay higher rates than in previous sales, at 5.338pc. ”. Thus folks if Spain goes down the toilet so does the Euro and the EU could be next, if Italy or Spain need a bailout, or both do then its game over folks, the EU/IMF does not have the money or the political will to save both economies. After all the worry about Greece, it could be the liver of Europe that goes dodo, ( if France and Germany are the heart of Europe, you can follow this example, the Spanish and the Italians like their food and wine, they just might have eaten enough to kill their liver ). Lets see EU politicians waffle though another crisis, endless meetings, endless near death experiences. That is EU politics folks.
Wednesday, April 04, 2012
Spain IN Pain - Eurozone Crisis
Telegraph Live - Spain: Reports the following on this mornings Spanish bond sale, “ ..hoping to get away €3.5bn, but only found buyers for €2.59bn - and had to pay higher rates than in previous sales, at 5.338pc. ”. Thus folks if Spain goes down the toilet so does the Euro and the EU could be next, if Italy or Spain need a bailout, or both do then its game over folks, the EU/IMF does not have the money or the political will to save both economies. After all the worry about Greece, it could be the liver of Europe that goes dodo, ( if France and Germany are the heart of Europe, you can follow this example, the Spanish and the Italians like their food and wine, they just might have eaten enough to kill their liver ). Lets see EU politicians waffle though another crisis, endless meetings, endless near death experiences. That is EU politics folks.
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