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Archive of entries posted on 22nd September 2011

Tracing ills. Finding brightspots (with great difficulty)

I don’t need to tell you the news. It’s dismal: + European shares have plummeted to a 26-month low. European banks are truly in the toilet. Pimco’s boss told the Financial Times today that ” French Banks Could Tip Europe Back Into Recession.” He said French banks could tip Europe “into a full-blown banking crisis […]