Bamboleo on 05 February 2010
| kowenicki said: Dont worry, the Yen will have to be devalued soon, it has to unless Japan want to utterly screw themselves. They have to do something soon, Japans tax take this year wont even meat their own debt payments. They are effectively bankrupt too. On Europe... expect Portugal, Spain and Italy to follow Greece soon. It was sooooo obvious that a common monetary policy and common currency couldnt work for such different economies... especially economies propped up by inflows of european cash. |
To follow Greece where?
Sorry I didn't get that, but I'm curious since Portugal is a worst country than Greece in terms of economy. I even think it is the worst country in Europe, we are about to be kicked soon (2012) if our debts continue to raise.
