Tuesday, May 25, 2010

LAST YEAR GREECE. THIS YEAR SPAIN.

Bilderberg met in Greece last year, and then the country exploded.

Bilderberg will meet in Spain this year, and now Spain is next to explode.

BTW we, the British people, own nearly half of Lloyds and most of RBS.

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From http://www.guardian.co.uk/business/2010/may/25/shares-fall-korean-war-debt-fears

...The FTSE 100 index in London saw a heavy sell-off when trading began. It hit an eight-month low of 4898.49, a fall of 171 points or 3.3%, with every share losing value.

Miners and banking stocks were the worst hit, with Lloyds Banking Group losing 8.5% to 50.7p, and Royal Bank of Scotland down 7.7% to 41.8p

The slump in banking stocks follows fears that Spain will become the next victim of the European financial crisis. Last night the International Monetary Fund urged the Spanish government to reform its banking sector and its "dysfunctional" labour market.

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