French fin. minster says ECB intervention could stop contagion in the Eurozone

Discussion in 'Wall St. News' started by ASusilovic, Nov 23, 2011.

  1. Poor SNB, has to buy more euro in unlimited amounts.

    the more it will fall, the more they must buy. Averaging down- brilliant strategy.

    Corzine lost 5B USD or so, how much SNB will lose buying shitty euros? 25 Billion CHF? 75B?