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Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return"

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 09 Nov 11 5:04 AM | 51 view(s)
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Submitted by Tyler Durden on 11/08/2011 - 20:13 Barclays European Central Bank Eurozone Italy Rate of Change

Euphoria may have returned briefly courtesy of yet another promise for a resignation that will likely not be effectuated for weeks or months, if at all, and already someone has done the math on what the events in the past several days reveal for Italy. That someone is Barcalys, the math is not pretty, and the conclusion is that "Italy is now mathematically beyond point of no return." Now... what time do those BTPs open again?

Comments: 22
Reads: 1,358

http://www.zerohedge.com/news/barclays-says-italy-finished-mathematically-beyond-point-no-return

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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