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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 22/02/12
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Greece downgraded from CCC to C by Fitch
http://www.reuters.com/article/2012/02/22/irish-asset-sales-idUSL5E8DM2D...
Good to see the PIIGS selling assets to who will most likely turn out to be their global masters /sarcasm. What is wrong with the governments of these countries? What don't these idiots understand about default being the inevitable result? I would just like to see one country (Iceland seems to be coming back for more punishment) tell the global elites to go fuck themselves. Unfortunately no country has the balls.
Isn't this what it is all about? Money and power? Control of a region?
No. "it" is about telling a good joke and getting away with it. i.e.: "we're here to help you!" see below.
Yes, but why should the Irish government assist them in controlling their country?
When the joke's on you...you are the "global sarcasm master" indeed.
Why would Australia's foreign minister resign, should their books be cooked?
I would just assume that all sovereign governments' books are cooked.