THERE ARE 8 BILLION, COUNT EM, EIGHT BILLION SHORT SELLERS ON THE EURO …..

 

1. AEP in the Daily Telegraph is something of a doom and gloom merchant and he has no love for the euro but I suspect he is correct on this. The euro is likely to be tested to breaking point. If the Germans don’t bail out the Greeks then it is likely they will have to bail out of the euro. If they do bail them out then the Spanish and Portuguese will expect the same treatment. The German taxpayer is not going to be happy about that.

   Posted by LyndonB       02/09/2010  at  12:10 PM  



2. Lyndon, on the other hand, the Germans could always invade and occupy.

   Posted by peiper       02/09/2010  at  12:52 PM  



3. Jayd in effect that’s what they are doing just without the guns. The Greeks and the rest of the PIGS are going to be owned by the Germans one way or another.

   Posted by LyndonB       02/09/2010  at  05:33 PM  



4. God I hate Soros, last time he screwed the Pound it took me 8 years of 100 hour weeks to dig myself out of debt and he is a big backer of Obama, I hope he has all his money in euros and that scrap currency goes under.

   Posted by Chris Edwards       02/09/2010  at  08:27 PM  

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