Re: Re: Spain credit rating under review by Moodys


Spain is doooooomed.

“Moody’s issued a downgrade warning on Spain owing to “high refinancing needs in 2011” and the risk of further bank bail-outs. It said central and regional governments must finance €200bn next year. Spanish lenders have to roll over a further €90bn. “

Get your tin helmets ready.

Anyone seen the rioting in Greece?