DoChenRollingBearing
Yellow Jacket
...
Just before the stockmarket closed, we got the news that the ECB is not going to let Greek banks use their debt as collateral. Sounds to me like Europe may be approaching a denouement....
Everybody knows (and has known) that Greece never could and never will pay off its debts. Though it seems to me that this fact has been ignored by the financial markets and MSM.
I guess that we will see soon if this is just another false alarm (or can kick) or whether this actually means anything.
Preparation, fishez!
* * *
Cynical song "Everybody Knows" for your enjoyment:
Just before the stockmarket closed, we got the news that the ECB is not going to let Greek banks use their debt as collateral. Sounds to me like Europe may be approaching a denouement....
Everybody knows (and has known) that Greece never could and never will pay off its debts. Though it seems to me that this fact has been ignored by the financial markets and MSM.
I guess that we will see soon if this is just another false alarm (or can kick) or whether this actually means anything.
Preparation, fishez!
* * *
Cynical song "Everybody Knows" for your enjoyment: