Spain Bailout Thread

Discussion in 'Economics' started by RangeTrader, Jul 25, 2012.

  1. 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...
     
  2. I thought that fifty pip spike in the euro in the span of thirty seconds might have been the bailout announcement... But, can't confirm on any news headlines yet...
     

  3. is that why spain yields are higher?..wait.:D
     
  4. Were entering the shananigans stage. It doesn't matter which way they spread rumors and rip it. Just go with it!

    Just beware that after a while this will probably blow up like 2008 again and trading will be WONDERFUL again with high ranges and volatility! Provided the markets even "survive."