not that incredible, drug $ was lending $ to the real state bubble to make it real. Already they say that African country are becoming drug states. The funny thing is on both side we have crooks.
Pierre | 10.20.08 - 4:56 am | #

Hi again,

Yes, this one is truly incredible, isn't it. The truth of the matter is that with debt to GDP already at 104% Italy hasn't much in the way of own credit potential to help out its banks.

Cheers,

Edward
Edward Hugh | Homepage | 10.19.08 - 3:21 pm | #