Post by
godman on Sep 22, 2011 11:18am
GREEK DEVAULT
No that is not a typo. 3% of the Euro economy is emptying the Germany vault. As we said a year or so a go the Euro zone should have pulled the plug on Greece and all this would have been long behind us and Greece would have been long on the road to recovery and a strong message would have gone out to everyone. Now, just like the 5% on sub prime loan that sank the US and world economy we are again having a few Fu..k it for the many.
Comment by
ark88 on Sep 22, 2011 12:09pm
These European leaders better do something about Greece and fast. As the outgoining ECB chief economist Juergen Stark has noted, the very survival of the Euro is in peril. If the Euro disintegrates, then say au revoir to all commodities based in USD.
Comment by
straightbull on Sep 22, 2011 12:17pm
Yes, so true.Godman, do you still plan to travel to see the New Elk mine this month? Hope you can provide some first hand information on their progress.
Comment by
Eigen337 on Sep 22, 2011 1:14pm
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