Merkel and Sarkozy to unveil eurozone rescue package
Loaning more fiat Euros to Greece and Italy is money down a rat hole IMO. Neither country is capable of balancing their national budgets, not to mention ever being capable of paying back any of their loans. This latest effort is merely kicking the can further down the road and is not a solution to the European debt crisis. With 12 months we'll see Greece and Italy return to their own fiat currencies and the Euro be severely weakened as a result. Ptinting more fiat Euros and US dollars is assured. So are rising silver prices. SS
SS has been pouring his life savings down a private rat hole for the past 5 years and posting a real-time diary of this tragic gambling addiction on Yahoo stock boards. It's everything from silver stocks, to gambling companies to Chinese cell-phone providers. He also touted an outfit that markets a new male incontinence product, not sure how he heard about that one?