Your statement was that it would kill their economies, my answer was that the economies of both Portugal and Ireland are very dead already. I did not say anything about them defaulting. Their spreads are beyond the point of return and they cannot afford to refinance their deficit at these rates, let alone their overall debt. Don't confuse deficit with debt please, they are entirely different.
- Post #390,321
- Quote
- Feb 18, 2011 8:15am Feb 18, 2011 8:15am
- Joined Oct 2009 | Status: Member | 15,211 Posts
- Post #390,322
- Quote
- Feb 18, 2011 8:16am Feb 18, 2011 8:16am
- | Joined Aug 2010 | Status: Member | 1,133 Posts
- Post #390,324
- Quote
- Feb 18, 2011 8:16am Feb 18, 2011 8:16am
- Joined Oct 2009 | Status: Member | 15,211 Posts
- Post #390,326
- Quote
- Feb 18, 2011 8:17am Feb 18, 2011 8:17am
- Joined Dec 2010 | Status: Member | 1,021 Posts
- Post #390,327
- Quote
- Feb 18, 2011 8:18am Feb 18, 2011 8:18am
- | Joined Jan 2011 | Status: Member | 78 Posts
- Post #390,328
- Quote
- Feb 18, 2011 8:18am Feb 18, 2011 8:18am
- | Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- Post #390,329
- Quote
- Feb 18, 2011 8:18am Feb 18, 2011 8:18am
- | Joined Aug 2010 | Status: Fearless in Africa | 685 Posts
Mind over matter..I don't mind and you don't matter.
- Post #390,330
- Quote
- Feb 18, 2011 8:19am Feb 18, 2011 8:19am
- Joined Jan 2010 | Status: Member | 11,001 Posts
- Post #390,331
- Quote
- Feb 18, 2011 8:19am Feb 18, 2011 8:19am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #390,332
- Quote
- Feb 18, 2011 8:20am Feb 18, 2011 8:20am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- Post #390,336
- Quote
- Feb 18, 2011 8:20am Feb 18, 2011 8:20am
- | Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- Post #390,337
- Quote
- Feb 18, 2011 8:20am Feb 18, 2011 8:20am
- Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Look Sharp/Trade Tight
- Post #390,338
- Quote
- Feb 18, 2011 8:20am Feb 18, 2011 8:20am
- Joined Mar 2008 | Status: aka "Johny 1 Lot" | 1,267 Posts
- Post #390,339
- Quote
- Feb 18, 2011 8:21am Feb 18, 2011 8:21am
- Joined Oct 2009 | Status: Member | 15,211 Posts
- Post #390,340
- Quote
- Feb 18, 2011 8:21am Feb 18, 2011 8:21am
- | Joined Aug 2010 | Status: Fearless in Africa | 685 Posts
Mind over matter..I don't mind and you don't matter.