Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
 "Portugal, Spain, Italy, France, with Belgium either just before or just after Italy, depending on how much being white and speaking decent English counts for. And lo and behold, it happened exactly as predicted. "

But of course that is not what happened.

And if all of this is a currency thing, what about Ireland? They have a current account surplus, after all.

(And the current account deficit of Italy is quite small)

by IM on Wed Sep 7th, 2011 at 07:39:51 AM EST
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