F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

Getting more credit

now this time it's Portugal. They currently have to offer above 7.x %. That's quite a word. But I don't think it will harm them. I guess the EU will find a way "helping" out. They found a way for Greece, Ireland, so what should be the difficulties with Portugal?

Of course it will not be any kind of bail-out. Portugal surely will pay back any credit. And if not? Then the speculators will be blamed. If that does not help, some Terrorists from somewhere on thie earth and of cours the weather. I guess Portugal was just investing every cent in "highering" their dams for the warming climate. Or could you imagine that any money was spend in "dubious" channels?