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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 08/02/12

Submitted by RANSquawk Video on 02/08/2012 05:54 -0400

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Wed, 02/08/2012 - 07:10 | 2137227 valley chick

once again...Groundhog Day with Greece! Wash ...Rinse...Repeat....Surely they will have a deal today.../sarc

Wed, 02/08/2012 - 08:01 | 2137247 _ConanTheLibert...

Yes but only with much more austerity which will backfire spectacularly. The economy is already crashing.

It would be a guaranteed revolution. So it's either default or a revolution.

Maybe they just deliberately run out of time? The meeting has already been delayed again. haha

We now know why today's crucial meeting has been delayed (as reported at 10.42am).

The reason, it appears, is that Georgios Karatzaferis, who heads the populist Laos party in the ruling coalition, has still not received a translation of the draft agreement in Greek.

Wed, 02/08/2012 - 07:50 | 2137252 amscott8

I hate Greece and Europe I suppose too. It will never end.

Wed, 02/08/2012 - 07:55 | 2137255 Ghordius

You poor, little darling... Sniff

Wed, 02/08/2012 - 08:59 | 2137339 Die Weiße Rose

Just out on FOX NEWS: Germany and Angela Merkel will save the World !

Germany will bail out Greece, Italy, Spain, Portugal, the UK and finally the US

Germany will save the World they will also pay back M-F Global losses and reimburse Goldman Sachs for Greece CDS

and everyone else that holds CDS on something no questions asked at 100% of their face value.Finally Germany will help the US and UK to resurrect the failed and outmoded Imperial british colonial ponzi system of slave-trading markets and hopium wars. By taking on all the World's Debt, Germany will ensure that the entire World will prosper and grow and consume in perpetual upward motion of 10% GDP. Everyone will get their money back, no questions asked.

Love Angie

wr;)

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Tue, 02/14/2012 - 03:43 | 2156659 Cara