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Doug Noland’s Credit Bubble Bulletin
Doug Noland
06/08/2012
www.prudentbear.com
June 7 – Telegraph (Ambrose Evans-Pritchard): “As Spain edges closer to a full sovereign rescue, economists have begun to doubt whether the EU bail-out machinery can raise such large sums funds at viable cost on global capital markets…Megan Greene from Roubini Global Economics says Spain’s banks will need up to €250bn, a claim that no [...]
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