Marc Faber Says Germany, France May Have to Bail Out Entire Nations

So misthos,

I'm reading between the lines here and I'm thinking gee, maybe the Euro political hierarchy which is above individual nations is trying to play favours with countries, and Greece is going to be the poolboy instead of the pool owner...

There's nothing stopping the euro leaders from shorting Greek debt via CDS and making more money than the debt would be worth via some kind of intervention..

The bankers obviously know this.
 
Quote from psytrade:

So misthos,

I'm reading between the lines here and I'm thinking gee, maybe the Euro political hierarchy which is above individual nations is trying to play favours with countries, and Greece is going to be the poolboy instead of the pool owner...

There's nothing stopping the euro leaders from shorting Greek debt via CDS and making more money than the debt would be worth via some kind of intervention..

The bankers obviously know this.
More...
I don't rule that out.

There's more to the story than the stereotypical north v. south cultural divide.
 
Quote from the1:

Hey BuyLo, you're back! Dude, don't go and leave ET like that again and make me have to start reading journals and other happy go lucky shit. I want a steady flow of the real news. :mad:
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I second this.
 
Quote from the1:

Hey BuyLo, you're back! Dude, don't go and leave ET like that again and make me have to start reading journals and other happy go lucky shit. I want a steady flow of the real news. :mad:
More...

Check date again, he isn't back yet.
 
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