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Euro-zombie-debt now major panic?

November 10, 2011

Euro-zombie-doper-debtor-lemmings drown on. “Stock Market and Investing: Why Markets Hate 7 Percent Italian Bonds – CNBC “”This is getting to be a game changer, will we have a euro one day? The market is forcing that issue much faster than any time in the past. It was one thing when it was about Greece. If you let Italy go off the cliff, you’re questioning why do you have a euro in the first place,” said Nomura Americas Treasury strategist George Goncalves.  [/] “You cannot allow the Italian bond market, the third largest market, the biggest in Europe, to trade like a high-yield market,” he said of the $2.2 trillion Italian debt market. “”

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