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Friday 4 November 2011

Cannes can't, didn't............from Rico

Gee, has it already been a week since the EUrocrats 'solved' their financial crisis in Cannes?

You know the one. Not only can't it be solved, but they didn't solve it...merely jawboned-it once again.
- Their faux-solution lasted all of about 48 hours among the dimmer wits.

And, in the context of the Italian bond-German Bund spread widening, take a look at how Italian Banks have actually fared since we discovered that Cannes can't.
- Italian banking may be visiting the remains of the SS Titanic soon.

1 comment:

Robert the Biker said...

Let's not forget a certain prodnose from the Big House in DC who came over to interfere, it wasn't just our homegrown shower.