Replies to post #11114 on Metatron Inc (MRNJ)

[celtic tiger]

Ireland less of a worry.Public finances and tax receipts stabilising.At bottom here and tentative signs of very slow improvement commencing.banks starting to lend but property crash will retard speed of recovery as banks very weak.

[fedverm]

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