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  1. #1
    Senior Member AirborneSapper7's Avatar
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    Slow Motion PIGS Wreck; Contagion Spreads Portugal; Greece

    Wednesday, March 24, 2010

    Slow Motion PIGS Wreck; Dollar Soars as Contagion Spreads to Portugal; Greece "will default at some point"; What's Next?

    The US dollar soared today in the midst of a crisis in the Eurozone no longer contained to Greece. Please consider Portugal’s Debt Rating Lowered by Fitch on Finances http://www.bloomberg.com/apps/news?pid= ... rnp1UUC_Bk

    Portugal’s credit grade was cut by Fitch Ratings for the first time, underscoring growing concern that Europe’s weakest economies will struggle to meet their debt commitments as finances deteriorate.

    The rating was lowered one step to AA- with a “negativeâ€
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  2. #2

    Join Date
    Jan 1970
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    592
    I suggest we all get ready for the New World Order, they are getting it one way or the other. November will be telling, and one last election to see if it can be stopped. This is just history repeating itself, but I thought we had 20 more years. We have one or 2, 5 tops.

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