Wednesday, July 25, 2012

Germany Offers "verbal" Support

I am curious what this "verbal" support is, that Germany is offering Spain.

Beruhig dich, ich hab' hier die Leitung... ???

Spain has ~15-20% persistent unemployment, a 7%+ 10 year bond yield, whole provinces falling into depression... and an overvalued currency.  

Nein danke...

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