Cannes can't, didn't............from Rico

Gee, has it already been a week since the EUrocrats 'solved' their financial crisis in Cannes?

You know the one. Not only can't it be solved, but they didn't solve it...merely jawboned-it once again.
- Their faux-solution lasted all of about 48 hours among the dimmer wits.

And, in the context of the Italian bond-German Bund spread widening, take a look at how Italian Banks have actually fared since we discovered that Cannes can't.
- Italian banking may be visiting the remains of the SS Titanic soon.