FX:SPX500 S&P 500 index of US listed shares
So we bounced right off that 200 day MA. Now, we must tell the rest of this story, tomorrow. And they jockey in Greece, and say nothing substantial, because there is no good answer. ECB and IMF will not blink, and its funny that Greece thinks they will. Really Greece, blink? when everyone, and I mean the entire world of debt watches. Too much st stake, Greece had their chance in 2012, the ECB and IMF are not stupid. It was a bad loan then, bad loan now, no way to pay it back, oh there is, but Greece people do not want to suffer that much to do it. As the whole world watches how this is handled, as Puerto Rico watches, standards are being set NOW! For other loan restructure, etc. I think Greece exits, establishes Draucma, prints money to pay bills , devalues, get a small, short lived spike, no one will loan the money or buy their bonds, and a depression hits Greece like none before. This is what will happen to other small nations, a catangion.