DislikedTrading the fix here and saw your post. Sisse and I have been going about Portugal since the start of the year and both of us saw this coming a mile away
Europe is doing exactly what is needed, Portugal may not like it, but what Portugal thinks is irrelevant to the rest of Europe. Trichet and Germany have the right priorities, which is obviously welcomed by the markets, look at Euro and Bund yields. The periphery is becoming a casualty, a cheap price to pay.
Post Colonial? You guys have been annexed by the FI boys, you just don't realise...Ignored
If Portugal's PM had the majority, I paid to see Markets win this battle.
Of course that new government will kiss IMF. Ireland and Greece were the weakest link, Portugal fought but the opposition leader here in Portugal helped the other side.
All economic forecast jungle saying Portugal will be bailout in December, then February, then March, now for some next weekend, and for others next June.
Sure, they are good to do forecasts.
I have wrote here some years ago, about the invisible war, now are visible for all. And I wrote here that with Socrates as PM, bailout was out, now he's out and Markets are doing the last strike.
What Portugal should do it is to DEFAULT. Leave Euro and dive into the new world era. Try to find out what it is.
But Portuguese are weak, do not have the nerves to see the new future that belongs to China, Brazil.