"All this talk of printing money will backfire when Mr Market gets the inflation figures...
If Europe write off a trillion Euro's, what does that do to the value of the Euro and the wealth of the EU?
Surely there must be a write down somewhere?"
Moola my take of the sentiment in the world at the moment is.
The majority of the population in the world dont care about the billions or trillions that are being written off.
The world cannot afford europe to fold so it wont but the goverments of the countries need to get there shit together to protect there own nests.
The yanks would love nothing better than europe to collapse.
I think there are certain countries in europe that are not going back.
They will step up to the plate and yes it means tough times ahead.(martis tough i think)
Anyway i was going to post a chart tonight and then i thought you all have probably seen it anyway.
Good luck traders and raiders.
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