Eurozone debt crisis soon to be over

[BlasterBates]

Eurozone debt crisis likely to be over soon, predicts HSBC - Telegraph

Looks like the final leg. Even with S&P cutting ratings, Italian bond yields fell today.

[AtW]

About time - it's like the worst soap opera ever: bankrupt a few hedge funds stupid enough to play againt the will of the volk and get back home in time for supper.

[DimPrawn]

Excellent news!

Let's continue our transition from Westminster govt to a completely unelected and unaccountable govt in Brussels, adopt the Euro and ditch the pound and all start speaking Esperanto.

Just one thing? What happens to the 1 trillion Euros just lent to all the bankrupt banks that are chock full of bad debts? Can we just forget about that bit?

[scooterscot]

Can some explain after todays trading and the downgrades why the UK with it's AAA came in third place?

Germany's Dax index was up 1.2%,
while France's Cac 40 was up 0.9%
the UK's FTSE 100 was 0.3% higher

[AtW]

Can some explain after todays trading and the downgrades why the UK with it's AAA came in third place?

The growth in UK shares has already been priced in by ultra-cunning investors in ze City of London.

HTH

sasguru

[BlasterBates]

I don't worry about the Euro banks debt because most of it is in the UK financial sector, and will be bailed out by the UK government.

UK to handover billions more to save the Euro

[TimberWolf]

What about Greece, Portugal, Norway, Ireland, etc?

[AtW]

What about Greece, Portugal, Norway, Ireland, etc?

What's wrong with Norway?!?!

[TimberWolf]

What's wrong with Norway?!?!

Ah, maybe I'm jumping the gun. Replace it with whichever non-Euro country it was that was flapping around last week.

[darmstadt]

Ah, maybe I'm jumping the gun. Replace it with whichever non-Euro country it was that was flapping around last week.

Scotland?