Premature speculation..

PART 1

INT. EUROPE-YESTERDAY

Act 1 Scene 1     (Enter court jester) Greece's Papandreou survives a confidence vote last night. Were there any doubts? [A smattering of applause]

Act 1 Scene 2     (Enter stage 'far-left') EC president Jose Manuel Barroso 'suggests' an immediate 1 billion euro emergency fund for Greece.

Act 1 Scene 3     (Enter his lordship & lady of the Exchequer) Trichet and Merkel parody their relief. Sarkozy nods knowingly.

[Meanwhile unbeknownst to the cast at large; 'Speculator', a dashing and accomplished villain bumps the currency markets for a day. Commodities trade predictably higher and then drift off. (Sniggering laughter).]

EXT. IMF - TODAY

Act 2 Scene 1  (On cue enter village idiot - 'IMF') 'Spain is next...' 

Act 2 Scene 2 (Enter villain - 'Speculator') Sell Spain, I said Sell dammit and then SELL again!!

[Sadly Spanish paper is sold to lavatory levels. Amazingly, Spain can't raise money cost effectively in the capital markets (No? Really?). Sniggering laughter]

Act 2 Scene 3 (Enter second village idiot {yes, it's a village of idiots} - 'Ratings company') Downgrade Spain... We BELIEVE that Spain has insufficient resources to meet its obligations...' 

Act 2 Scene 4 (Enter his lordship & lady of the Exchequer) We must ACT on Spain's behalf....!

[Speculator sniggers quietly......]

Act 3 Scene 1 (Enter all village idiots) 'Portugal is next'

Act 3 Scene 2 (Enter villain) ......................

This is not the end...