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OK, this is all went down south sooner than I had expected. Honestly, I'm starting to get a tad more worried than before. Perhaps it's time to phone the local elites and see if the shelter has any room left in it ;)
In all seriousness, Italy's borrowing interest rates have gone through the roof and unless something is done quickly, we'll all be buying some foreign currency in order to ensure that we retain some value of our savings. I know the euro wasn't the best construct, but it did have its advantages and if it goes down the drain, the IMF report of a lost decade may just extend in length. |
Much more of this and it wouldn't suprise me to see the French running up the white flag and pulling out of the Eurozone herself :hmmm:
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Italy borrowing costs hit record 7%
http://www.bbc.co.uk/news/business-15652708
Note,Update record,9 November 2011 Last updated at 14:58 GMT |
That update is over 20 minutes old....where's the latest :hmmm:
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So he's on his way out now.
Lots more time to bang whores. :shifty: |
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Keep your pecker up Berlusconi, and don't forget your viagra. :haha: |
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