The Greek bailout and all the associated saga was supposed to be to keep Greece from going belly up right? Wrong, the IMF has admitted that the bailout was in actual fact to bail out the French and German banks. See here. It should not be any surprise but there we have it. When they say they are bailing out the banks, they mean they are bailing out the stock markets of France and Germany of course. Which one of these is not like the others?
Greek Athex market index weekly chart
French Cac 40 market weekly index chart
German DAX market weekly index chart
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