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Almost certain. "Euro rises versus dollar as Greek debt fears ease"... http://www.forbes.com/feeds/ap/2011/06/17/general-dollar_8522360.html http://www.forbes.c
by kreek 15y ago
Almost certain. "Euro rises versus dollar as Greek debt fears ease"... http://www.forbes.com/feeds/ap/2011/06/17/general-dollar_8522360.html http://www.forbes.com/feeds/ap/2011/06/17/general-dollar_852...
- WildUtah 15y agoGreenspan says default because he doesn't think the Greek government will pay. The Euro is in fine shape because investors don't expect to lose money on their Greek bonds. What is the difference? Investors (and probably Greenspan) expect the Germans to bail out the Greeks and pay off their debts. So the Greeks will default and the investors will still keep their money. The main problem in the whole situation is hiding the deal from German voters and taxpayers. Nobody wants to take responsibility for TARP.
- ignifero 15y ago... and the french