pinto Gave you a thumbs up
and it didnt show again...
hmmmm...
anyway Market jitters is due to the Greek thingy again
today/tomorrow is when the bond holder
need to "voluntarily" swap
the bis boys say they are in
but some smaller investors have less to risk
and are holding out
I think they are going to get rolled over
but hey we'll see
swap is officially due on 20th Mar
(if they dont change the date)
and it didnt help when
FYI news clip here...
The Institute for International Finance, which helped negotiate the terms of the bond swap, reportedly warned in a recent memo that a so-called hard default by Greece could cause at least 1 trillion euros ($1.32 trillion) in damage to the euro-zone economy. That figure includes the need for aid for Italy and Spain to keep the crisis at bay as well as €160 billion in bank recapitalization costs, Reuters reported Tuesday. See full document as shown in the Athens News.
http://www.marketwatch.com/story/jitters-grow-over-greece-debt-swap-2012-03-06?dist=afterbell
looks like everyone is waiting/reacting
to this Greek saga still
including pog :(
***PLS DYOR
back to my cave
guess is my reality/vision and myself to the test
reacting to now or investing for the future?
:)
good luck to all
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