Great Britain blames France for Warren Buffett, Jim Rogers and the Chinese shunning euro bonds

Recently, George Osborne, chancellor of the United Kingdom, likened the economic situation in France to that of Greece.  That, and Britain's sitting out of the most recent Eurozone accord, has done little to increase the appeal of European bonds in the eyes of investors.

As reported in previous articles on www.emergingmoney.com , Warren Buffett, Jim Rogers and -- as yet -- the Chinese have only incidental interest in euro bonds.  The interest rates being paid certainly reflect the lack of demand.

In addition, Jim Rogers is short European stocks and long commodities.  This was reviewed on www.emergingmoney.com in the article, " Vanguard's Emerging Market ETF near year low...wait for Jim Rogers to buy stocks again ?"

The Financial Times , in a piece by George Parker and Hugh Carnegy, "Britain denounces French attacks on its economy as 'simply unacceptable," reported that although Germany has reached out to London after the summit, the French have not.

According to the Financial Times article by Parker and Carnegy, "France is irritated it has been threatened with a downgrade despite its budget deficit, at 5.7% of gross domestic product this year, being lower than Britain's at more than 9%."

When a rescue package is concocted, there will be a need for foreign investors to buy a large chunk of the bonds.

Great Britain and France are doing little with these attacks on each other beyond ensuring that their citizens pay a higher interest cost when the bonds are issued.

Investors should look for European stocks stocks to rebound when -- but perhaps not until -- an agreement is reached that Great Britain can join.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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