wrote in message
...
On Fri, 18 Jun 2010 18:08:06 -0700, "nom=de=plume"
wrote:

We still do not know how this Euro thing is going to work out. Bear in
mind, more than half of our foreign owned debt is from European
sources. If they lose the ability to buy our paper, that paper will be
harder to sell, hence the auction will be higher

I think that's at least a plausible argument. I think the European Union
is
here to stay, but it might scale back.


It really depends on if the Greeks will accept reforms that will suit
the Germans (basically scaling back their lifestyle). If that part
fails, the rest is in jeopardy. If the Germans and Brits pulled out of
the EU, it would fall apart.

I think they will accept them... every indication they will. Were the Brits
ever really part of the EU?