S spets1 New Member Jul 10, 2011 #1 ECB changing rules to stay afloat ECB has decided to suspend a rating requirement for Portuguese collateral. ECB announces change in eligibility of debt instruments issued or guaranteed by the Portuguese government Click to expand... This means they HAVE to CHANGE THE RULES to make sure Portugal does not default. This is just getting funnier and funnier. Are they hoping some miracle will save them? They must have some sort of plan. They are not idiots right?
ECB changing rules to stay afloat ECB has decided to suspend a rating requirement for Portuguese collateral. ECB announces change in eligibility of debt instruments issued or guaranteed by the Portuguese government Click to expand... This means they HAVE to CHANGE THE RULES to make sure Portugal does not default. This is just getting funnier and funnier. Are they hoping some miracle will save them? They must have some sort of plan. They are not idiots right?
Ag Well-Known Member Silver Stacker Jul 10, 2011 #2 spets1 said: They are not idiots right? Click to expand... Let you make your own opinion,however they must think we are to accept this 'change'... Would you have a link? - looks like a good humor read even though it's in the non fiction section
spets1 said: They are not idiots right? Click to expand... Let you make your own opinion,however they must think we are to accept this 'change'... Would you have a link? - looks like a good humor read even though it's in the non fiction section
S spets1 New Member Jul 10, 2011 #3 http://www.zerohedge.com/article/ecb-suspends-rating-requirement-portugese-collateral and http://www.zerohedge.com/article/ec...uguese-rating-suspension-until-further-notice
http://www.zerohedge.com/article/ecb-suspends-rating-requirement-portugese-collateral and http://www.zerohedge.com/article/ec...uguese-rating-suspension-until-further-notice
Ag Well-Known Member Silver Stacker Jul 10, 2011 #4 Cheers - the comments from those links sum up the article perfectly... Oh how I love to read these nuggets of goodness you members seem to cough up
Cheers - the comments from those links sum up the article perfectly... Oh how I love to read these nuggets of goodness you members seem to cough up
projack Well-Known Member Silver Stacker Jul 10, 2011 #5 Quote of the day "Everything the government touches turns to s**t!" Ringo Starr
