Shorting The Euro

Nothing to worry about here, says Timmy, while Lassie seems to be speculating a bit

It’s a big game of chicken among the PIIGS, Brussels, and the Chicago Merc, currently hosting the biggest bet (nearly $8 billion) against the Euro.

Gorilla says: “We’ll know at the EU summit on Thursday who’ll be ponying up, but it won’t be pretty!”

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