Germany.
The ITAGER and FRAGER spreads are falling because the contagion has reached the inner sanctum.
Excuse me while I follow Krugman and post a music video to go with this.
Wednesday, November 23, 2011
The smell of napalm in the morning
For a while now, I have been nursing the idea that the panic-triggering event in the Euro crisis would be a failed Italian auction. And then I woke up this morning and saw this.
Germany.
The ITAGER and FRAGER spreads are falling because the contagion has reached the inner sanctum.
Excuse me while I follow Krugman and post a music video to go with this.
Germany.
The ITAGER and FRAGER spreads are falling because the contagion has reached the inner sanctum.
Excuse me while I follow Krugman and post a music video to go with this.
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really well contextualized view, but the problem is political decision. I believe the most probably will be QE in Euro Zone.
ReplyDeleteVery Good!
ReplyDelete