Monday, July 11, 2011

"Markets rocked"- "Crisis deepens" - FT abandons its EU complacency!

The report is here, filed this evening. Some more telling quotes:

Spain and Italy could be sucked under.

Market developments spinning out of control and risk contagion accelerating

Wow! Does this mean the once respected, Financial Times, which I gave up reading some twenty odd years ago, because it became so misguided, is finally about to admit that the EU is not everything, to all men, for all time?

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