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trysson (< 20)



NBG / Greece

November 12, 2010 – Comments (1)

Greece is a Country with a lot of bad news and bad press, mostly from Europe.  I have seen a lot of mis-information.  The press info from Greece is not filled with the same distress that comes out of Brussels.  The NBG webpage (English) is quite positive about NBG survival in a worst-case scenario of Greek Gov Default.  The EU is not going to let any member default.  Germany is the current strength of the EU.  If any country defaults, it would be akin to the German Invasion of Poland.  It would be like the U S not sending aid to Florida or Louisiana the next time a storm hits.  I have substantially increased my position in NBG at 2.03.  I hope I am correct.  [more]

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