Seems we were counting chickens etc…… 😆
Sterling dropped overnight. The UK is not in the Eurozone but will be dragged down by it. It is an incestuous union. turns out the money has just been shuffling around and it will fall like a pack of Dominos
Greece owes France $75 billion, Germany $45 billion, Ireland $8.5 billion, Portugal $9.7 billion
Portugal owes Spain $86 billion
Spain owe the Irish $30 billion, Italy $31 billion.
On the other side, British banks are owed
Greece $15 billion
Italy $77 billion
Portugal $24 billion
Spain $114 billion
Ireland $188 billion
Uk is more exposed than any!