The Third World Is Giving Up On Europe

Tyler Durden's picture

First it was Nigeria cutting back its European exposure, now it is South Africa's turn:

  • S. AFRICA'S MARCUS: SCALE OF GLOBAL CRISIS IS `HUGE'
  • MARCUS: WORLD IN WORST POSITION NOW THAN BEFORE CRISIS
  • MARCUS: CENBANK MONITORING POSSIBILITY OF CONTAGION 

Who is next? Kalahari Bushmen pulling their coke bottles on deposit in Murcia cajas? Mail tribesmen wiring their funds from Zurich to Singapore? Somalian pirates watching the VaR models of their Spanish bond portfolios #Ref! out and give up in sheer disgust?

Who???