ACC Archives

Tag: Italy
Europe is Risking a Bank Run with Cyprus Bailout Terms

The blundering daftness of the bailout deal in Cyprus is just being taken in by the world. Stealing from any depositors is terrible and in my opinion constitutes a crime, but taking from small depositors who are under the deposit guarantee amounts...

Unrest Returns to Europe

Just a few weeks ago many leaders were tentatively looking at what they thought might be more than just a respite in the ongoing European (world) economic calamity. But this storm is far from over. It’s shifting into a new phase as Spain continues to...

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