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Old 06-15-2012, 09:57 AM   #7664
jasonturbo
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^ I hear ya, but at the same time, I have to believe that regardless of the election results, there will be many more issues to fix in the Eurozone.. the unemployment rate is so insanely high in some regions that even with extensive easing they will not be able to get the socio-economic issues under control.

Though I do hope for some Euro drama so I can make a quick buck, the long term issues facing Europe are considerably more serious than any outcome as a result of the Greek election.

I really have my doubts about the Eurozone, the smaller less "efficient" economies are at a significant disadvantage being tied to the single currency, if these economies were able to manipulate the value of their currencies they would actually stand a chance. The Eurozone will never really work unless it becomes more than just a monetary union...

Holding on for now.. no point in selling at a loss when I just expect Euro news to continue putting downward pressure on markets. I think the help Europe needs is well beyond anything that a few hundred billion in stimulus can fix.
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