xjo weekend zoomba lounge, page-85

gunter

I think they are doing an ireland. Sending the government broke to save the banks. But the spanish govt, once it gets the money, I think, will nationalise or partially nationalise the banks that need the cash - thereby vaporising the shareholders. What do you think the shareholders in italy will do when they see this? All theory at this stage.

Market will like it though, i think, at first because meltdown will be averted. But the market knew this was coming. Ibex has been rising 5, 6 or 7 sessions in a row whilst the others go down and up etc.

From what I have read, the greeks will go ballistic; why does spain get $100b with no austerity?