The outflows continue, the capital controls are coming!
In Spain, recession plus 25% unemployment plus busted banks plus 7% borrowing costs (very soon) equals total disaster.
In Frankfurt and Berlin, the neighbors have achieved beggar status.
And there’s absolutely no sign that anyone in power understands that Euroland is more or less finished, absent the end of cretinous, amoral policymaking.
Gorilla says: “Please, let’s be beastly to the Germans!”