Wednesday, November 09, 2011

What will Merkel and Sarkozy do to Italy next?

Well they dumped Silvio Berlusconi, so now it appears Italy has become the problem of the leaders of Germany and France. As a result 10 year bond yields for Italian debt have now approached 7.5% read here.

Meantime Greece too remains without either direction or a Government, the Euro thus finally seems set to reach its full dreadful potential!



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