Europe - is it enough?

[Lizard]

• Bank Recapitalisation
• 50% bank haircut on Greek debt
• 1 Trillion bail-out fund

Is it enough? Maybe not enough yet...but proof enough that we can re-write fiat numbers as much as we like until we get to a "fair-ish" debtor-creditor solution?

Can Europe move from daunting cliff-climb to boring rock-clamber? Will we all move on to looking at US debt and will criticism turn from the bumbling ineptitude of European multi-country bureaucracy to the bumbling ineptitude of US multi-level government?

And who will have most success in tapping China for a contribution to the bail-out?

...tune in for the next overly-dramatised version of "this is your globe"...

[peat]

Now for the hard work

http://www.bbc.co.uk/news/business-15474298

[peat]

haha now S+P gets fat fingers and accidentally downgrades France.
Quick! Ctrl Z!