And So one ‘G’ rescues another ‘G’ for both to survive as Germany bails out Greece !…we ‘Gs’ ‘Bond’ well,whether we like it or not !
523 in ‘G’ermany’s Parliament voted overwhelmingly today in favour and just 85 against of increasing the European Financial Stability Fund to Euros 440 billion…largely to fund the immediate bailout of ‘G’reece,who would have otherwise defaulted
So Greece will not Default this year in 2011….but in all probability will in 2012 !…and lay the path ahead for exiting from the Eurozone altogether….
Euro and the Eurozone survives to die another day !
We ‘Gs’ really do stand up for each other !…and you dare not say a ‘G’ caused the situation in the first place !