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Too Big to Save?
A failure by Italy to finance its debt could cause a massive banking crisis that could spell the end of the euro, but Italy's problems are too severe to be remedied by any simple solutions.
Michele Kearney's Snuffysmith's Blog Major Foreign Policy, Economics, Energy, and Irrelevancies of the Day
Friday, August 12, 2011
Too Big to Save?
A failure by Italy to finance its debt could cause a massive banking crisis that could spell the end of the euro, but Italy's problems are too severe to be remedied by any simple solutions.
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