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Originally posted by GreenBicMan
reply to post by hawkiye
Yep.
Sweet man, like I said I won't hold my breath. I guess I'll fall under the dumbass category then. I have no problem with labels.
Have a night night
[edit on 25-4-2010 by GreenBicMan]
Originally posted by GreenBicMan
reply to post by unityemissions
No, you were right. Actually you should give him less credit.
But as long as no one pays for this stuff I don't mind. Just don't find yourself giving this "operation" any funding. Anyone can flip a coin.
Originally posted by GreenBicMan
I am much smarter than you are thinking.
'It feels like when the run on the banks started,' warns one City bond trader
City traders are counting the cost of a tumultous two days of activity as Greece's sovereign debt problems threatened to mushroom into a wider financial crisis.
"The mood in here is not quite as bad as it was after Lehman Brothers went under, but that's hardly a reason to celebrate," said one City bond trader. "But there's the same sense of not knowing how bad the contagion might get: sterling's taking a battering, bond spreads are widening dramatically, gold's flying again as investors flock to safe havens and bank lending across the EU is constricting, raising fears of another credit crunch."
Shares in UK lenders slide amid fears of renewed credit crunch but French, German and Swiss most at risk from Greek default
Fears of a fresh banking crisis stalked the markets today as the risk of Greece defaulting on its debt repayments raised concerns about the exposure of major banks to indebted countries in Europe.
As analysts estimated that Britain's banks have a combined exposure of £100bn to Greece, Portugal and Spain – the three countries causing most concern on the financial markets – the Financial Services Authority was closely watching the markets and assessing exposures to the vulnerable countries.