reply to post by surrealist
I think this weeks meeting at Davos has been finalizing what all of us have known for months.
Greece has to go, so do Portugal and Spain.
Russia may join, wouldn't that be a surprise.
Cosmic..
Endgame Begins - UK "Foreign Office Sources Say Merkel Now Thinks Greece Will Default", page
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Topic started on 27-1-2012 @ 06:13 PM by surrealist
ZeroHedge reporting
I wonder a default by Greece is imminent, or likely to occur sometime down the track contingent upon the outcome of further negotiations? If it happens, then at least we get to see to what extent of financial and economic damage is wreaked through contagion.
Courtesy of the BBC's Andrew Neil, on the back of the previously noted formal annexation demand of Greece by Germany:
Of course, this is what we, and everyone else whose frontal lobe has not bee hijacked by the status quo, said back in January 2010...
JP Morgan and Morgan Stanley better pray they are right when they say they are 100% insulated from contagion, because we are all about to find out.
I wonder a default by Greece is imminent, or likely to occur sometime down the track contingent upon the outcome of further negotiations? If it happens, then at least we get to see to what extent of financial and economic damage is wreaked through contagion.
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