Who really gets bailed in these deals if they go through? And who pays? Socialism has matured into the social chaos of a spoiled, dependent population demanding more from their bankrupt government. Germany is realizing it pays for much of this. France, Belgium and Spain all benefit, and the rest of the PIIGS get burned as well if Greece bursts into flames. While the Euro could be on its last legs, the dollar is showing no strength, so it must not be far behind. It looks like all fiat currencies will suffer together, just as the PIIGS do, if the Euro goes down. Think about it, if the dollar or the Euro go down, what currency will the common man trust? Who in their right mind would trust Bernanke or Obama?
Greek crisis exposes growing rift between France and Germany - Telegraph: www.telegraph.co.uk/finance/economics/gilts/857810....html
http://chumly.com/n/9c1bf6
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