Tuesday, November 23, 2010

French publication accuses Chancellor Merkel of terrorising the markets!

The headline, albeit in French is readily understandable in English, read here.

The conclusion to the same article may need some translation however, my version is as follows:

"In effect she has already made effective across the eurozone, and on the markets a model of 'centralised economic government'. Pay attention, it is on the German model."

Reuters gives a good summary of the ongoing chaos in Ireland, linked here, while Bloomberg TV this morning had an interview with a very senior Rothschild - bondholders must be getting fearful over a possible future shearing (haircut no longer seems an accurate term for the likely coming procedure!)



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