€600 bilion bailout Spain and Italy

[russell]

Debt crisis: Spain and Italy to be bailed out in £600bn deal - Telegraph

Makes Greece's bailout look like pocket change.

[Doggy Styles]

Where exactly is this money coming from?

What problem does it actually solve?

[AtW]

What problem does it actually solve?

Was there any problem to solve?!?!

[TimberWolf]

That's going to take some paying back.

[Doggy Styles]

Was there any problem to solve?!?!

600 billion quids worth. That's bigger than most would have guessed.

My question was, does it solve it or just kick it down the road, like they've been doing with Greece?

[AtW]

600 billion quids worth. That's bigger than most would have guessed.

They do what's the markets like - bigger bailout in hope markets think it's enough

[minestrone]

Debt is cascading up the Euro nations.

[Malcolm Buggeridge]

I thought they said Spain was too big to be bailed out?

Anyhow, that infamous can must be getting sick of being kicked down the metaphorical road.

[CheeseSlice]

Debt crisis: Spain and Italy to be bailed out in £600bn deal - Telegraph

Makes Greece's bailout look like pocket change.

Title wrong, its 600 billion pounds worth, not euros

For comparison:

US TARP bank bailout USD 700bn
Spain and Italy bailout ~ USD 940bn

[SupremeSpod]

Title wrong, its 600 billion pounds worth, not euros

For comparison:

US TARP bank bailout USD 700bn
Spain and Italy bailout ~ USD 940bn

Some bastards are going to get really rich out of this mess.

Hope they're using our software.