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IT WON’T GO AWAY…

By David Vance On July 23rd, 2012

Despite the rhetoric from the Europhiles, the economic troubles in the Eurozone continue to mount;

“The yield on Spanish government 10-year bonds hit a new euro-era record of 7.4pc on Monday on fears that one of the eurozone’s biggest economies might need a full-blown sovereign bailout.”

Oh really? You think?

Of COURSE Spain needs a full blown sovereign bail out. It’s a financial basket case and the money markets know it. The Euro itself has fallen to a new four year ….which suits the Germans very well – good news for their export business.

This whole Euro farce continues and sooner rather than later the currency union will break apart. It may yet end in revolution.

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