Wednesday, May 09, 2012

German bunds below record low of 1.5% - will Europe Day end the EU?

Spains bonds have passed through the crucial 6% level again with Italy also trending upwards. Spains banking shares seem to be tumbling in unison finally starting to reflect the absolute horror of the real estate disaster in that country.

Could the abomination that is Europe Day, apparently today, actually witness the true beginning of the end of the Euro currency and thereafter the EU itself, giving Europeans some anniversary to truly celebrate in the years to come?


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