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fedverm

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fedverm

Re: bbetts post# 11114

Friday, 05/07/2010 2:29:31 PM

Friday, May 07, 2010 2:29:31 PM

Post# of 84966
Interesting insights,

A lot of foreign financial institution are holding large positions in weak European countries such as Spain and (more in particular) Italy. Italy’s public debt for example, is the highest among the 27 nations of the European Union. Greece was only the beginning, Spain, Portugal and Italy are lining up.

Markets across seas will still experience turbulent times, maybe we ll be able to buy financials at a discount soon again!

cheers
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