It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
June 30, 2012 - "It's like a leaking boat in which we keep bailing it out, and we're very pleased with ourselves that we continue to keep bailing it out," Greenspan told CNBC on Friday...."The problem is, we haven't fixed the holes yet, and unless and until we can do that, this situation is not going to get resolved," he added. ... "My concern is that if Europe does not come out of this without some really serious problems, the rest of the world is going to be very troubled," he said.
Originally posted by surrealist
reply to post by beezzer
Merkel probably capitulated and gave nothing more than in-principle support. There's absolutely no details or road map to rescue the Eurozone from these latest discussions. The market rally will soon fall again. I reckon easily before the end of this week.