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5/6/10 Midafternoon Report: Europe to be the new Australia as european debt falls “down under”
The market continues to sell off as Angela Merkel happily plays her fiddle atop the Zugspitze while Europe burns below. The debt crisis in Europe continues to gain momentum like it has an improbable, though theoretically possible, coefficient of restitution greater than one or as if it were running for office with the promise that…