In the US, Dow closes up +339 but off the high of~+439 to 12,208 on the back of EU banks accepting 50% loss on #Greek debt S&P 1284...(27th)
-European Morning Briefing - Stocks, Bonds, FX -- 28/10/11
-Quick post... Unclear how this will fare, after so much manipulation of the markets... But my choice would have been -debt forgiveness, as structured equally; accompanied by an appropriate reduction in GOV'T spending.
Obviously, pulling from the strength of the economy has not served well in terms of peace, or stability... Exactly what Conservatives have been saying, all along...
- Will post more later...
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