"The EU/G7/IMF or any combination must show political will, and put a deal on the table. Otherwise the down slope gets magnified."
"Should the group put together a clear and achieveable strategy, it will give the US time to also impliment their recovery measures later in the month starting with a version of Qe3 "
Johnnyd9, What is this some sort of intervention in capital markets? That is the problem... lets just purge the system and get it over with and then we start fresh.