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Re: EUEUEUEUEU is *this close* to bringing down US/global economy

Posted by AlM on Sat Dec 3 07:17:51 2011, in response to Re: EUEUEUEUEU is *this close* to bringing down US/global economy, posted by SelkirkTMO on Sat Dec 3 03:17:46 2011.

Well, round 1 of bailout took place. There will be more rounds. But I think the Europeans are coming around to a realization that it's necessary. Basically, Italy is solvent, unlike Greece. So if you bail them out you get your money back in the long run, with interest.





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