Alright here we go for the results ahead of eventually more initiative if necessary. An initiative to support the demand for collateral for all the nations that are not involved in the debt mess have won an overwhelming majority, just 3 declared to be supportive of the initiative once an inquiry has determined the level of responsibility among the banks and the national banking regulators that have failed or deliberately turned a blind eye to cover "gung ho" lending of their national banks.

In non diplomatic terms, the eurocracy has been getting drunk shoWing the worst kind of crony banking and regulation compromising the future of the currency with an unleashed recklessness and carelessness. Countries that are not involved in the euro demise motivated by countries with large deficits, large debts beyond reason and refusing to enter drastic cuts policies cannot accept to see their people foot the bills with no guarantees after they have accepted
Some tremendous efforts to keep their countries public finances healthy and sound.

What to u have? Make me think of the doctor in a hospital that has a group of ten guys, w have a cancer and 3 are healthy, the nurses complain about the lack of unity of the patients team that makes their job more complicated, the doctor decides that to strengthen the team and facilitate the treatment, the three healthy folks will be contaminated.

Anyway I oppose the Euro bonds, it is among the most stupid ideas I have been given to hear of...

Asia banks cut credit to french lenders (9,!9) and shorts to be banned starting more or less now, how bad is the situation?
No idea yet but sell off not caused by rumors, broader economy, frech growth and cost of ressource as well as questionable recent lending practices. some gung ho one said.
What do u have from Asia, how tied it can get?

It is that simple… if u motivate the nature of the Greek plan with the dangers the Greek situation poses to the euro and the EU as a whole  and in the mean time u specify that whatsoever u won’t do anything similar for anybody else u indicate that in case another country in a situation similar to Greece posing the same threats u won’t take the necessary steps to heal the situation, therefore the logical conclusion of that is should any more trouble come up, it will be then the end of the euro adventure at least under the form known today all the parties agreeing that there is no will or political support for any other bailout within the EU.

Pathetic…

Ask the guy why if the motivation to reduce the interest rate on the Greek debt is the contagion threat, how the hell nothing comparable would be done for any other country should the threat be just the same?

Does he mean that in case any other country of the eurozone showing the same signs of a possible contagion, they have decided to let the euro die?

Will post u the numbers but whatever the plan is doesn’t change the debt gdp ratio 160 %, u can reduce the rate and renegociate the term, doesn’t modify the ratio….

Thanks Sean.

Not on air…! I wanna be the only one on Maggie’s roof.

Thanks. For a moment I was scared Juan might have left with the ball.

He's a reformer...? I wonder who has the most interest in misleading the lady?

Bill, that was mean, wasn't it? I mean the price.