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To: alarm rider

The mood in Britain that I have come across is similar to the German model: i.e. ‘don’t bail those parasites out’.

Fortunately we are somewhat insulated from it because we don’t use the Euro. We have a fair amount of sovereign debt riding on the line , especially to Ireland, but our currency isn’t getting scragged by this. We can afford to point and laugh at the Greeks.


39 posted on 05/05/2010 6:59:13 AM PDT by agere_contra
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To: agere_contra

Understood. Isn’t Britain part of the IMF?

I understand that Greece is asking for IMF funds as well. I could be mistaken.

Thanks for your observations and information.

Regards,
AR


48 posted on 05/05/2010 7:05:56 AM PDT by alarm rider (The left will always tell you who they fear the most. What are they telling you now?)
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