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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 22/02/12

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Wed, 02/22/2012 - 07:38 | 2184144 Temporalist
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Greece downgraded from CCC to C by Fitch

Wed, 02/22/2012 - 07:45 | 2184150 Bobbyrib
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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.

 

Wed, 02/22/2012 - 08:20 | 2184176 valley chick
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Isn't this what it is all about?  Money and power?  Control of a region? 

Wed, 02/22/2012 - 08:46 | 2184202 disabledvet
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No. "it" is about telling a good joke and getting away with it. i.e.: "we're here to help you!" see below.

Wed, 02/22/2012 - 08:56 | 2184219 Bobbyrib
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Yes, but why should the Irish government assist them in controlling their country?

Wed, 02/22/2012 - 08:43 | 2184197 disabledvet
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When the joke's on you...you are the "global sarcasm master" indeed.

Wed, 02/22/2012 - 08:01 | 2184159 Irish66
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Why would Australia's foreign minister resign, should their books be cooked?

Wed, 02/22/2012 - 08:10 | 2184166 Bobbyrib
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I would just assume that all sovereign governments' books are cooked.

Wed, 02/22/2012 - 08:39 | 2184193 Zgangsta
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Fitch: Greek Debt Exchange Would Constitute Default
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