Greece Bailout Spec?

Discussion in 'Forex' started by Gcapman, Mar 14, 2010.

  1. Gcapman

    Gcapman

    I thought they needed at least 55BN Euros to help their econ woes?

    I think that if the EU announce 25BN Euros to help Greece, the Euro will have a dramatic drop as confidence in the stability of the EU and the Euro will suffer


    http://www.reuters.com/article/idUSTRE62C0XT20100313
     
  2. Gcapman

    Gcapman

    60 pip jump on the eurjpy! :D
     
  3. Gcapman

    Gcapman

  4. Gcapman

    Gcapman

  5. Gcapman

    Gcapman

    Either way, this is some crazy shit ! ! !

    I think the Euro goes down from here - based on which Euro country is next to need financial assistance...

    My money is on Spain
     
  6. lol

    What's sad is that 1/4 of the members don't even know what the hell's going on with their own currency.
     
  7. Lethn

    Lethn

    I'm betting the whole organization goes down, no country that disagrees with the bailout of an entire country nevermind a financial institute would want to be in an organization that robs them of the right to say no.
     
  8. Gcapman

    Gcapman

    I think the real question is:

    Do you trust The Guardian more than Reuters?

    I guess we will find out in a few more hours.........straight from the horse's mouth.
     
  9. Gcapman

    Gcapman

  10. zdreg

    zdreg

    please explain how you are short spain.
     
    #10     Mar 14, 2010