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Old 05-02-2010, 08:39   #1
Osem
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Join Date: Oct 2006
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Osem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered stars
Debt crisis hits Greece, Spain & Portugal

Thought the economic crisis was over? Well, it'll be interesting to see how this pans out:

http://www.telegraph.co.uk/finance/f...-Portugal.html

Quote:
“the biggest trouble spot isn’t Greece, it’s Spain”. He blamed EMU’s one-size-fits-all monetary system, which has left the country with no defence against an adverse shock. The Madrid’s IBEX index fell 6pc.
Maybe we're lucky we're not in the Euro zone right now.
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