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Shorting Ban: Spain is Bust so too are Italy and France. Let’s be honest for Once.

Tom Winnifrith
Tuesday 24 July 2012

This is a farce. Spain is bust. So too is Italy. France will be next. We have already forgotten about Greece and Cyprus. They are buster than bust. Yet the leaders of the Evil Empire and the IMF just arse about pretending it is all under control. “Don’t panic” shouts Corporal Jones. Das is Gut says Frau Merkel as she announces that she is off on holiday for a month. The Spanish are relaxed. Just ban short selling for 3 months and if we remove the evil speculators everything will come up smelling of roses. Well at least not like the streets of 10 Italian Cities where the trash is 10 foot high and the schools will not re-open in September because there is no money. But that in no way implies that Italy itself is bust, says whichever bloke is leading Italia this week. Yeah right. Of course not. So there you have it. It is all about dealing with evil speculators and we can rest easily. Bollocks.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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