Saw this comment in the Telegraph:
This all happened 3/4 years ago and Moody’s have finally cottoned on that the bank’s might be underwater with billions of loans. You wouldn’t pay these rating agency peoiple in washers.
It has been clear for some time that it is Spain and not Greece that will destroy the Euro….. and it’s coming soon.
Another poster said people predicting Spain’s downfall a few years ago were branded as loonies. I seem to remember something similar on here 😆