2010-05-04 — businessinsider.com
"Angela Merkel is apparently stepping up measures to prepare for “orderly insolvencies†so as to avoid a repeat of the situation in Greece. I.e., there are no more bailouts. The Euro currency continues to crash and burn overnight and the CDS in all the remaining PIIGS are blowing out. The situation is beginning to take a turn for the worse again. Is the Euro slowly unraveling"
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