Display:
Don't know enough about the Slovak case, but, yeah, I agree with Mig.  The bailout had nothing to do with propping up Greece and everything to do with Merkel bailing out Frankfurt and blaming it entirely on the stupid Greeks.

Spain doesn't seem interested in lying down and taking it like Greece though.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Sun Jun 20th, 2010 at 09:37:10 AM EST
[ Parent ]
They probably know Sarko won't let that happen. French banks even more exposed than German ones down there. They just love real estate.

Oops!

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Sun Jun 20th, 2010 at 09:49:07 AM EST
[ Parent ]
The whole thing is a bit surprising to me.  I'd heard for a few years that European banks were in a bad way, but I didn't know the extent of it.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Sun Jun 20th, 2010 at 10:08:47 AM EST
[ Parent ]
The bailout was Sarko's idea, and Merkel was brought along after all the others, so the politicians are more clueless than that.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sun Jun 20th, 2010 at 12:17:32 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series