Holy Cow, The Italian Economy Is Crumbling

November 18, 2011 07:37

Of course, this is exactly what these economies don’t need while dealing with this sovereign debt stuff, as this kind of economic collapse ensures missed government revenue and deficit targets, starting the whole spiral over again. – BI

Joe Weisenthal at Business Insider:

It’s pretty hard to imagine, at this point, that most of Europe isn’t in recession.

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