IMF staff gives green light to begin discussions on Italy bailing out Italy!!!

Here we go again!

Europe Is Setting The Stage For The Mother Of All Black Swans


Read more: [link to www.sovereignman.com]

Who doesn't love pizza pie.........Easy.. give up all national treasures, water rights and tourism rights and we can float some SDR/FRN by digital check to you, This will fund you for 2 more years.

Smells like money laundering somehow.

If European Leaders Implement This Fiscal Plan They Could Be Headed For A Major Depression

Read more: [link to www.project-syndicate.org]

Hi Rev!

Printing presses running overtime !

zerohedge
Oops - From FT: "Even members of the [Greek creditor] committee concede the process is unlikely to succeed in time for the crunch date"

há 5 minutos [link to twitter.com]

Hey, Luis. Good to be back, man. GLP withdrawal is a bitch.

I don't smoke, I don't drink my only vice is GLP !

So glad it's back !

I think Vatican and Pope should bail out Italy , they have money and is their duty to be a good Christian !!

yeah, its a pitty that their true religion is satanism...

It's going to happen sooner or later

What in deitys name is going to stop the money inflation for the norms when this go wrong next month

Next month this will bebigg doom for eec and get compounded by the rest ofthe piggies

The Costa Concordia was carrying the printing plates.

Italy bailing out Italy really means Italian Mafia bailing out Italy. They put the true 'gangster' in bankster.

any oficial news on this?

c`mon guys, nothing????
this kind of meganews must have a oficial link, zerohedge is not very reliable

FITCH: Don't Be Surprised If We Actually Downgrade The 6 European Countries On Creditwatch Negative

Goldman's Jim O'Neill said S&P's downgrade of the eurozone countries was "one of the most widely anticipated moves of all time."

But, if there could be an even more widely anticipated move, then this might be it.

Just days after S&P downgraded Europe, Fitch is warning that it will probably follow suit. Earlier this morning, Fitch's Edward Parker said this (via Bloomberg)

“We would expect the review will lead to downgrades of one to two notches for all the countries under review,” Parker said today in Milan.

In December, Fitch identified these countries: Belgium, Spain, Italy, Cyprus, Slovenia, and Ireland. At the time, all were placed on creditwatch negative.

In case you forgot, Fitch's head of sovereign ratings David Reilly issued a nearly identical warning last Tuesday.


Read more: [link to www.businessinsider.com]

Is there a credit agency on the eec side poisd to econ target usa corps just to level the field of play