TSXV:HRE.H - Post by User
Comment by
Simon_Bondon Jan 24, 2012 3:05pm
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Post# 19443162
RE: RE: RE: RE: Today's SP
RE: RE: RE: RE: Today's SP I thought you said that the Greece debt could hit European banks hard but according to this list you posted, the hardets hit banks are Greek bank and whereas the amounts held by other European banks are small enough to be manageable ( I did not say that they would not be hit but that its small enough to be manageable). Maybe you are unable to see in perspective the amounts involved as in opposed to the size and assetts of the banks involved.
According to your thesis Greece debt would hit other European banks hard and lead to a contagion effect that would bring down the Eurozone!!!
Simon Bond