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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 08/07/11

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Fri, 07/08/2011 - 06:45 | 1435385 entendance
entendance's picture

ITALIAN INDUSTRIAL PRODUCTION (MAY) M/M IS -0.6% MISSING EXPECTATIONS OF -0.1% THE Y/Y FIGURE IS 1.8% MISSING EXPECTATIONS OF 2.2%. Italian banks under fire: Unicredit shares suspended limit down.
Ireland's € bailout cost raising sharply-Indipendent Review
€/$ breaks the 1.43 level to the downside
http://www.entendance.com/forums/viewtopic.php?f=5&t=762&p=18007#p18007

Fri, 07/08/2011 - 06:51 | 1435390 hugovanderbubble
hugovanderbubble's picture

Italy looks really bad.

 

They  have commited fraud in National Accounting and banks are crap.

 

Belgium is the next Country to fail

 

Spain is in default and Comunidades Autónomas too.

Fri, 07/08/2011 - 06:53 | 1435391 entendance
Fri, 07/08/2011 - 08:15 | 1435546 THE DORK OF CORK
THE DORK OF CORK's picture

Watching NASA tv now - this is a very sad day for the idea of the west.

Although the Shuttle has been a dog since day one -  the fact that the dream has been killed by a Malthusian elite that now dominates both European and American circles is a disturbing prospect.

John Holdren must be proud of his dark dreams becoming a reality.

The Sun is setting rather then rising on this island planet.

www.youtube.com/watch?v=3XyS7uCtnq0

 

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