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Wednesday, 16 November 2011

Contingenc​y plan?............from Rico

Call it what you will.
- Contingency plan?
- Spare parachute?

Fwance has TWICE the debt of Italy. In fact, sovereign bond yields spiked today (not a good sign) on everyone in EUroland except Germany.

No, the fat lady hasn't started singing yet...but she is warming-up.


2 comments:

  1. This whole thing was always all about France. And I seem to recall that French banks are into Italy for E400Bn, whereas our banks are 'only' into Italy for about E50Bn.

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  2. Anonymous01:56

    Why is Ireland, with 209 Billion, between Japan and Italy who each have over 10 times that amount?

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