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Saturday, June 09, 2012 1:12:39 PM
I think Spain got a big wakeup call out of the Greece fiasco this past week ("the slap"). I think they know they have to buckle down and fix it, there is no white night coming to their rescue.
Even if Spain goes bad and maybe Italy too, it will be good for US banks after the media hype. Europeans have to put their money somewhere and that pretty much leaves it to DE and the US.
GLTY!
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