Wednesday, November 16, 2011

From bad to worse

So two headlines this morning:

  • The Euro 1.4 trillion EFSF will not be enough (Italian Prime Minister)
  • The German debt level is already at dangerous level (Junker)
  • The Feds state that they may have to help Europe (Rossengren)
This is a problem, the truth shall make you free... but these are unexpected soruce of truth these days.  Also Italy has decided not to release  Q3/GDP numbers, in the same press release announced that they need to additional cash.  Just as the Italian treasury announces that new money requirements will be Euro 600 billion in 2012....

Blue or Red pill, at this stage watch the endgame.  It could be interesting.


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