A sign the big summit could fall short?

Discussion in 'Wall St. News' started by nitro, Oct 25, 2011.

  1. nitro



    "It’s getting uncomfortably close to crunch time for eurozone leaders, with just over 24 hours left before the summit-to-end-all-summits. But will they actually be able to agree on the big euro rescue plan? A letter sent last night by Jacek Rostowski, the Polish finance minister, makes it seem doubtful...."

    The news will be, we need more time. Ad infinitum.

    Greece needs to default 100%, exit Euro, go back to its own currency, and rebuild. Italy and Spain? Hold on for dear life and hope no one notices.
  2. I thought the "Summit" had been cancelled ?!?!
  3. Just one the meetings of the finance ministers.

    If the whole thing were cancelled we prob would be 5% lower.
  4. nitro


    5? Try 10+% lower. And that would just be the beginning.
  5. I suppose there will be an announcement or press conference tomorrow?

    Anyone know when?

  6. heech


    These binary events are a ridiculous way to "run" the markets.
  7. nitro