Global Security Headlines

Sunday, May 16, 2010

Bloomberg - EU disintegration?

 Euro Falls to Lowest Since Lehman as Breakup Concern Increases
 May 15 (Bloomberg) -- The euro fell to its lowest level since the collapse of Lehman Brothers Holdings Inc. on concern that the 16-nation currency may be headed for disintegration.

GSM has long held the view that the EU was a faux union and the euro a faux currency. 

We will monitor the events as always as they unfold.

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