2011-01-11 — upi.com
``Market reaction has been verging on the surreal. It now costs more to insure the public debt of 15 Western European countries -- including Germany, Greece and Portugal -- than the debt of emergent markets like Romania, Turkey and Ukraine, according to the Markit iTraxx Index of credit default swaps.''
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catherine at 17:17 2011-01-11 said:
we are 18% of the IMF and with that debt plus our own foreclosures closing in on 24% it is hunker down time, the 25 trillion spewed on this mess is gone, LIKE I SAID YEARS AGO there will be many many many more in line for the money this time and it is now just being pissed away....... koolaid can't fix this much longer Permalinkadd a comment | go to forum thread
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