Hi AJ, Portugal, Italy and Spain all lent money to Greece. They...

Hi AJ,

Portugal, Italy and Spain all lent money to Greece. They definitely cannot afford a margin squeeze because they are all teetering on the brink. But should the debt go bad there will be two possibilities. First and most likely is that France, Germany, the UK and the US will be minorly inconvenienced. And the half time entertainment I am hoping for is that Portugal, Italy and Spain will have debt that also goes bad and they default, dragging France, Germany, the UK and the US down painfully. But to drag oz in would be silly. I think we stayed away from that pile of debt and we are in good stead. China is a question mark until they show their hand to the IMF but I think they going allright. No... I see our circus seats as prime. Not too close to the clowns squirters but not so far back that we cant even see the show.