Tuesday, Feb 09, 2010

When the euro crashes, I am buying a villa

Msn news: Could Britain follow Greece into deficit tragedy?

The markets will probably give Britain the benefit of the doubt until the election comes around. If the next government keeps flipping and flopping around like a bunch of particularly stupid headless chickens - as both the opposition and the incumbents are doing just now - then we're in trouble.

Posted by waitingtobuy @ 06:22 PM (497 views) Add Comment

4 Comments

1. icarus said...

waitingtobuy - if the euro crashed that would kick out one of the props of the London / SE property market too.

Tuesday, February 9, 2010 06:35PM Report Comment
 

2. deepak said...

Even through this trail, please check that Euro actually was 2% stronger today than two weeks ago even after all this hoo haa about Greece.

It was 1.167 today it was 1.14 and the line has been stronger steady.

Tuesday, February 9, 2010 08:28PM Report Comment
 

3. waitingtobuy said...

Yes I agree the article does contradict the currency trend at the moment,but here is another view from the money men
http://www.dailymail.co.uk/news/article-1249530/Traders-make-record-5bn-bets-euro-single-currency-falters-amid-debt-crisis.html

Tuesday, February 9, 2010 08:39PM Report Comment
 

4. waitingtobuy said...

Its very confusing,Idont know if I should cancel the villa or not!LOL

Tuesday, February 9, 2010 08:42PM Report Comment
 

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