As the markets digest the Reuters report Commerzbank is seeking more state aid here’s an interesting graphic from Der Spiegel. Where’s that hidden bazooka?
(click here if chart is not observable)
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Larry goes macromon’s way: http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/