ES Journal Archive (2009 - 2010)

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Quote from jorgez:

exactly.

Can you imagine the Greek Taxpayers (as few as there are) being bailed out by a socialist global Insurer underwritten by Tax Payers from The Land of the Free.

"Irony" does not quite cover it.
Not sure where the "greek" bailout is. Greece defaults -> GS has loss (which is insured by AIG) -> AIG pays GS -> Fed pays taxpayer $ to AIG.

Haven't I seen this movie before?
 
Quote from DarthSidious:

Not sure where the "greek" bailout is. Greece defaults -> GS has loss (which is insured by AIG) -> AIG pays GS -> Fed pays taxpayer $ to AIG.

Haven't I seen this movie before?
another point they made in that article was we are going thru this again and this time the banks are weaker than when first wave came thru
 
Quote from ammo:

another point they made in that article was we are going thru this again and this time the banks are weaker than when first wave came thru

Viva EL FED ....the Lender of any resort!
 
1.3550 looks like a good entry/ support for EUR longs

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