Your Guide To All The Countries That Are One Riot Away From Becoming Greece
Interesting Article – which skirts around the issue of “Will the Germans (and few others) bail out the other EU countries instead of letting the EU go bust?”
Lots of informative graphs (pretty too) comparing and contrasting the EU situation.
I found their acronym PIGS cute …. Pardon Portugal, Italy, and Spain –> Seems that the three of you are in the running for the next to hold out their hand to Germany/France for funding. (Again). And PIGS (with the inclusion of Greece) is nicer than PIS.
The irony is that those that like to bet on things in the currency / equities markets seem to be betting against the Euro, while they’re also frowning on the US dollar -> driving up gold (and stocks of companies with direct links to gold).
I wouldn’t want to be sitting on a pile of Euros right now…