RangeTrader
Registered: Mar 2012
Posts: 705 |
07-25-12 07:22 AM
If anyone has any relevant news about the Spain bailout post it here.
Not like we won't detect the news just by watching the Forex market...
But, anyone got any dates/times for a potential meeting announcement?
Keep your gold and silver on hand. If they don't save spain it will blow the entire system apart. Most of the major banks will go down. Then massive intervention from the Fed and central banks will be required to stabalize the system so that credit cards and ATM's are even working again. Trading will be halted for a while...
Every single damn big bank in the world is linked to Spain and spanish banks through direct or counter party risk through derivatives.
Anything other than a bailout is unthinkable. There is the off chance that the Germans actually show some strength and say "DAS HEIL!!! Screw these weaklings... End the EURO!" LoL...
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