nick venedi

Saturday, 5 November 2011

Euro survives until Italian spagetti hits the fan..

The euro has survived the first round of the fight with reality but the Greek crisis has shown us how weak the entire euro project is. The Greek economy is around 4% of the entire volume of the EU whereas the Italian share is much near the 10 r 12 % if a country with a 4% stake can bring the euro down Buddha knows what the affect of the pending Italian collapse will have on it. So when the spaghetti hits the fan we will all be saying goodbye to the euro...

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