What do you think will happen if Spain asks for a full-scale bailout?
The EMU will break up. AAA-rated countries like Finland would choose to exit instead of coughing out more money.
As always, the EZ economies will have no choice but to bite the bullet and finance Spain’s bailout costs.
Spain won’t ask for a full-scale bailout. The EZ officials will help as much as they can to make sure it doesn’t happen.
Bruce Wayne will buy Spain and turn it into Gotham City II.
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