Spain is creeping closer to the edge of the abyss. I wonder when they'll just give up the charade and just go for the bail out?
However, a Spanish bailout would weaken Italy substantially.
Obamacare's effects are starting to show. The Washington Times is reporting 1 in 10 employers are actively planning on dropping healthcare coverage.
Incase you haven't seen it, Moody's has lowered the rating outlook for Germany. As a result, yields for German Gov't debt has Risen. this will put pressure on the government and economy of Germany.
More good news... for the sixth straight month, business activity in the euro zone has contracted.
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