asx200 early futures: +35, page-5

either way we will chug along up down left right until the following happens.

European Treasury Needed to Avoid DepBillionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury. ression: Soros

http://www.cnbc.com/id/44528630

The creation of a so-called euro bond, which would act as a common debt instrument much like the euro now acts as a unified currency, has been mentioned by many economists and financial experts as a possible way to help end the crisis.

A euro bond, in principle, would have lower yields than bonds for Greece, Ireland and Portugal -- the three most troubled Europe members.

http://money.cnn.com/2011/09/14/markets/thebuzz/index.htm?iid=HP_Highlight

Euro bond can be seen as a negative for USA as China is on record as saying they are willing to diverify away from USA debt to Euro.

cheers.