germany considers giving up on greece

Question

this is bad if they do. ripple wave through the markets

greece will likely default and then be saved and then default again.

us markets will likely go down if they default.

becareful if you are holding stocks.

mainmanmainman2 · Answer

this is bad if they do. ripple wave through the markets

greece will likely default and then be saved and then default again.

us markets will likely go down if they default.

becareful if you are holding stocks.

wallstreetcappers · Answer

Read that, but Germany will back up their banks..so those without backup will have issues.

The problem isnt just Greece but who else might follow the same road, plus the market is sort of nudging Greece with making the interest rates so high on their debt.

LeRinkRat · Answer

us markets will likely go down if they default. &#xD;&#xA;BUT long time gold bug Jimmy Rogers says it would be the BEST thing for the Euro. don&#x27;t ask me why BUT he&#x27;s been correct on a lot of his predictions the last couple years.

wallstreetcappers · Answer

[Quote: Originally Posted by LeRinkRat]  us markets will likely go down if they default. &#xD;&#xA;BUT long time gold bug Jimmy Rogers says it would be the BEST thing for the Euro. don&#x27;t ask me why BUT he&#x27;s been correct on a lot of his predictions the last couple years.   [/Quote]Jimmy aint happy with the news today..hurts is dollar holdings, his treasury holdings and his gold holdings.I bet Jimmy will be out soon to bash the markets, gotta prop up his holdings ya know..

germany considers giving up on greece

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