Wednesday, August 3, 2011

@1:20, 08/03/11 2

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http://www.bbc.co.uk/news/business-14375056
If it is unsustainable for Italy it is unsustainable for Spain.
Paul Krugman gets it again.

http://www.calculatedriskblog.com/2011/08/misc-europe-is-mess-house-for-sale.html

@20:37, 08/02/11 8

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I hoped to get some sleep.



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Tuesday, August 2, 2011

@16:23, 08/02/11 4

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http://krugman.blogs.nytimes.com/2011/08/02/what-about-europe/
http://www.nytimes.com/2011/08/03/world/europe/03italy.html?ref=europe
"ROME — After weeks of uncharacteristic and increasingly unsettling silence, Prime Minister Silvio Berlusconi is expected to address Parliament about the economy on Wednesday, after the financial markets pummeled Italy on Tuesday, sending interest rates well above 6 percent."

This is over that cliff.



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@12:23, 08/02/11 2

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http://www.nytimes.com/interactive/2011/07/22/us/politics/20110722-comparing-deficit-reduction-plans.html?ref=politics#panel/11th-hour-deal
http://krugman.blogs.nytimes.com/2011/08/02/macroeconomic-folly/
http://www.bloomberg.com/news/2011-08-02/debt-agreement-puts-u-s-on-path-to-end-stimulus-just-as-economy-falters.html
http://www.ctv.ca/CTVNews/World/20110802/greece-economic-and-political-crisis-110802/