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Old 10-05-2012, 17:03   #643
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
Posts: 13,995
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Re: Eurozone will collapse...

I have no sympathy for private investors stupid enough to invest in a Spanish bank in 2011. Most likely they were hoping that the government would step in to absorb their losses if things went wrong as has happened in so many other cases.

In other news, Norway not only continue to look into the future by conserving North Sea revenue to pay for such things as pensions rather than ****ing it away in tax cuts and increased social services spending to bribe the electorate, they're also reducing their exposure to the Eurozone within that sovereign fund.

http://www.sfgate.com/cgi-bin/articl...KZ01-M3SVJ.DTL
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