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Guest Post: What’s Lost With the Demise of the Euro? Only What Was Unsustainable

Submitted by Tyler Durden on 11/22/2011 10:22 -0500 http://www.zerohedge.com/news/guest-post-whats-lost-demise-euro-only-what-was-unsustainable Submitted by Charles Hugh Smith from Of Two Minds What’s Lost With the Demise of the Euro? Only What Was Unsustainable Scaremongering aside, the demise of the…


Berlusconi Plays Last Cards, Denies He Will Resign

By Paolo Biondi and Barry Moody http://www.reuters.com/article/2011/11/07/us-berlusconi-idUSTRE7A61GR20111107 (Reuters) – Italian Prime Minister Silvio Berlusconi, under huge pressure from international markets and rebels in his party, tried to play his last cards on Monday…


Italy May Be the Next Greece

Italy government borrowing rates hit euro-era high BBC News, 7 November 2011 http://www.bbc.co.uk/news/business-15617132 The Italian government’s borrowing cost has risen as fears grow over political uncertainty in Rome. The yield on Italian 10-year…

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MF Global Caught Stealing Hundreds of Millions From Customers

Regulators Investigating MF Global for Missing Money By BEN PROTESS, MICHAEL J. DE LA MERCED and SUSANNE CRAIG New York Times, Oct. 31, 2011 http://dealbook.nytimes.com/2011/10/31/regulators-investigating-mf-global/ Federal regulators have discovered that hundreds of millions of dollars in customer…

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Greek Referendum Deepens Crisis; Angers Germans

By Dina Kyriakidou and Harry Papachristou ATHENS | Tue Nov 1, 2011 9:00am EDT http://www.reuters.com/article/2011/11/01/us-greece-referendum-idUSTRE79U5PQ20111101 (Reuters) – The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided to let…

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