Finland Seeks Collateral From Greece For Bailout Loans

Hi Joe

I was watching the international news and I couldn't help but to notice that Finland wants Greece to offer collateral to offset its loan exposure in the event Greece defaults on its debt obligations for Greece's bailout. http://www.hs.fi/english/article/Finland+No+compromise+on+Greek+collateral+issue/1135268634478

This news is currently being downplayed and suppressed - and - it is one of the very first times I have ever heard of this type of security pledge on an international level. It may also set a precedent for future modeling of loans to the US from China. Germany is scrambling to downplay the recent negotiation proposed by Finland - but Germany is having trouble in justifying the German loan guarantees to its own citizens. http://www.hs.fi/english/article/German+Chancellor+opposes+Finnish+demands+for+collateral+for+Greek+loan+guarantees/1135268798608

Bottom line - I heard one well respected analyst predict that one of the European countries - possibly Finland or Sweden - may very well withdraw from the European Union altogether very soon. If so - then I'm sure the stage will be set in motion for a major correction in virtually all of the Foreign stock exchanges - but also here in the US.