the good and the bad news is that economist design futures now 10 times faster
what is absurd is if countries have had endemic weaknesses they havent happened overnight - so why are we being governed by numbers that exagerate over-night crises (and reward thoise who make such exagerations)
if italy is in such urgent rating trouble then that's too big for any combined euro to fix
is there any evdience
perhaps the largest uneconomic public sector in Eiroland is the problem - what do you see?
today's news from financial time suggest the next giant zigzag of Italy as a nation with a future with in the EU is in play Italy faces restructured derivatives hit ©Bloomberg