Monday, October 6, 2008

EU recovery .....

Obviously an uncoordinated EU frm this weekend's meeting. They were not looking for a bail-out plan ala U.S but approaching it frm deposit guarantees. Well, looks like one has to do what one has to do. Thereby this uncoordinated action among the Union will not be looked upon favorably. Remember the cries frm countries like Spain a year ago when EU kept rates high and threathening to raise ? The fruits of this Union will unfold soon. A house divided can't stand.

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