The US is backing the German / French proposals and is pleased with the work of the less fortunate to rein in debt....All that is needed is a big OK from the 8-9 meeting and there will be no stopping this market....
Armegedeon has been based on the total collapse of finances through Global Contaigen....If Europe puts this to bed and eventually return to growth while REDICING Sovereign debt....the Armegedeon will be avoided for a long period of time.....IMO
http://www.bloomberg.com/news/2011-12-06/geithner-backs-merkel-sarkozy-crisis-plan-with-stronger-firewall-on-debt.html
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