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All the PIIGieS are now at the trough
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20/06/2012 13:56:24
 
 
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News
Category:
Money
Title:
All the PIIGieS are now at the trough
Miscellaneous
Thread ID:
01546458
Message ID:
01546458
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Debt crisis: Spain and Italy to be bailed out in £600bn deal

European leaders are poised to announce a £600 billion deal to bail out Spain and Italy, it emerged at the G20 summit on Tuesday night.

http://www.telegraph.co.uk/finance/financialcrisis/9343049/Debt-crisis-Spain-and-Italy-to-be-bailed-out-in-600bn-deal.html

Ireland is looking for 2nd's.
No one is lending money in Greece and they're headed for 3rd's.
Meanwhile France is looking to drive business out of the country with higher taxes & lower retirement.

Not to be outdone, the FED is priming the pump again.

Yep, this time it'll work for sure.
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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