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 Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (156825)9/12/2011 8:40:15 AM
From: ChanceIs1 Recommendation  Read Replies (1) of 178717
 
The Greek GDP is locked in a downward spiral. For all of their "good intentions" of fiscal proper behavior, the situation is beyond redemption. Of course honorable Greek intentions are a fantasy. Greek workers - and Irish - will ultimately go the Icelandic route. In the long run the Greek sovereign bondholders will accept their haircut. That will ultimately lead to another round of American TBTF bailouts. I have a call scheduled to my CongressPuke this AM to carp in advance about another such effort. "Not on my back buddy."
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