reply to post by poet1b
A deal is already done. It was stated this morning.
I could really care less what they do as they have about no literal impact on our economy. But they will be bailed-out (re-schedule their debt). Now
they are going to play the game of making them wait it out over the weekend just to show "they mean it" this time when they bail them out. This
country has never been solvent from my understanding at any one point. So this I am sure has already been mulled over previously.
The more interesting impact is on our dollar. It will be interesting to see on Friday who is playing what cards before close. Could be a big time US
Market rally if funds are covering once again before the weekend and perhaps even taking short term long positions.
This will be a total buy the rumor and sell the news. Meaning US Markets will go up then go down as the dollar will go stronger (selling euro).
Also could be that banks are propping up Euro in the meantime because there is huge selling pressure. A euro that plummets against the dollar isn't
exactly good for business for a lot of people.

