Tuesday, January 31, 2012

Be a good place to retire....

The dollar will go along way. And the climate is nice. What's not to like?

Greece plans orderly exit of the Eurozone - National International Trade | Examiner.com
Greece plans an orderly exit out of the Eurozone according to two sources close to Mr. Papademos, Greek Prime Minister, who spoke on condition of anonymity earlier today.

The sources confirmed that plans are ready to return to a legacy currency given the current circumstances and that such exit would be dealt with, quote “in as orderly a fashion as possible” unquote.

The plan does not come as a surprise but the timing may be surprising to most members and investors while negotiations about a severe haircut with the IIF are still ongoing.

No comments: