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Europe: Welcome to the Domino Effect

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By Alasdair Macleod on

Monday, March 4th, 2013

Executive Summary France: Bet on a bankruptcy of the French government Italy: Will not be able to fund its debt obligations without external help Spain: The best outcome at this point is years of grinding financial repression UK: At growing risk of a big upward spike in price inflation, leading to a currency crisis If you have not yet read Part I, available free to all readers, please click here to read it first. Individual States France Perhaps the cameo event that best describes French attitudes was the recent correspondence between Maurice Taylor Jnr, head of Titan International, the tire manufacturer, and

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