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	<title>shareholdersunite.com &#187; Sovereign debt crisis</title>
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	<description>Opportunities in smallcaps</description>
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		<title>The Greek Tragedy</title>
		<link>http://shareholdersunite.com/2012/02/06/greek-tragedy/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=greek-tragedy</link>
		<comments>http://shareholdersunite.com/2012/02/06/greek-tragedy/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 17:10:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Shareholdersunite elsewhere]]></category>
		<category><![CDATA[Sovereign debt crisis]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=7168</guid>
		<description><![CDATA[While there is a high-stake poker game going on between the troika (IMF/ECB/EU) and Greek politicians, the fundamental question is whether&#160; Greece can actually be reformed? From us:The Greek Tragedy &#8211; Seeking Alpha]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Has a euro zone credit crunch been averted?</title>
		<link>http://shareholdersunite.com/2012/02/02/euro-credit-crunch/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=euro-credit-crunch</link>
		<comments>http://shareholdersunite.com/2012/02/02/euro-credit-crunch/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 13:07:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Shareholdersunite elsewhere]]></category>
		<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[Credit Crisis]]></category>
		<category><![CDATA[Euro crisis]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=7028</guid>
		<description><![CDATA[Well.. From Shareholdersunite:Has The Eurozone Credit Crunch Been Averted? &#8211; Seeking Alpha]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Let Greece Default</title>
		<link>http://shareholdersunite.com/2012/01/17/greece-default/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=greece-default</link>
		<comments>http://shareholdersunite.com/2012/01/17/greece-default/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 02:06:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Shareholdersunite elsewhere]]></category>
		<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[Euro crisis]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=6564</guid>
		<description><![CDATA[Put it out of its misery.. From Shareholdersunite on Seeking Alpha: Let Greece Default &#8211; Seeking Alpha]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finally some good news out of the euro zone</title>
		<link>http://shareholdersunite.com/2011/12/28/italy-debt-auction/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=italy-debt-auction</link>
		<comments>http://shareholdersunite.com/2011/12/28/italy-debt-auction/#comments</comments>
		<pubDate>Wed, 28 Dec 2011 13:04:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[Italy]]></category>
		<category><![CDATA[Sovergeign debt crisis]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5949</guid>
		<description><![CDATA[About time. However, we&#8217;ll have to see what happens tomorrow first.. Italy Sells 9 Billion Euros of Bills as Borrowing Costs PlungeBy Chiara Vasarri &#8211; Dec 28, 2011 1:22 PM GMT+0100 Dec. 28 (Bloomberg) &#8211;Italy sold 9 billion euros ($11.8 billion) of six-month Treasury bills, meeting its target, and borrowing costs plunged after the European [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Who actually benefits from the euro</title>
		<link>http://shareholdersunite.com/2011/12/27/euro-cost-benefit-analysis/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=euro-cost-benefit-analysis</link>
		<comments>http://shareholdersunite.com/2011/12/27/euro-cost-benefit-analysis/#comments</comments>
		<pubDate>Tue, 27 Dec 2011 22:53:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[euro]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5929</guid>
		<description><![CDATA[From a cost-benefit perspective, the euro should go.. The advantages from facilitating trade (and hence competition and scale and scope economies) are relatively modest. Against that, there are big cost in losing adjustment mechanisms against country specific shocks and the whole system encourages perverse capital flows that exacerbate these. From shareholdersunite at Seeking Alpha Who [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What really caused the euro crisis</title>
		<link>http://shareholdersunite.com/2011/12/22/eurocrisis/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=eurocrisis</link>
		<comments>http://shareholdersunite.com/2011/12/22/eurocrisis/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 15:16:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[euro]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5725</guid>
		<description><![CDATA[The BBC has woken up to reality and provides a very lucid, short overview.. Doesn&#8217;t hold any surprises for readers of Shareholdersunite.com. We&#8217;ve been saying much of the same stuff for quite some time.. From the BBC Or alternatively, scroll down (we have to do this to miss the right hand column, now greatly expanded [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ECB doing what it should act II</title>
		<link>http://shareholdersunite.com/2011/12/22/ecb-euro-credit-crisis/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ecb-euro-credit-crisis</link>
		<comments>http://shareholdersunite.com/2011/12/22/ecb-euro-credit-crisis/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 13:56:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Crisis]]></category>
		<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[ECB]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5714</guid>
		<description><![CDATA[Another perspective. A pretty good one at that. A new appreciation for the ECB&#8230; The ECB&#8217;s 3-year funding operation The ECB, eternal and infinite Dec 21st 2011, 18:43 by G.I. &#124; WASHINGTON THE European Central Bank has come under criticism for its failure to act as lender of last resort to embattled sovereigns. Yet when [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ECB doing what it must do?</title>
		<link>http://shareholdersunite.com/2011/12/22/ecb-3/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ecb-3</link>
		<comments>http://shareholdersunite.com/2011/12/22/ecb-3/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 13:42:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Crisis]]></category>
		<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[ECB]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5711</guid>
		<description><![CDATA[Well.. A Central Bank Doing What It ShouldNew York TimesBy FLOYD NORRIS &#124; New York Times – 23 minutes ago “Talk tough, and open the vaults.” That should be the slogan of Mario Draghi, the president of the European Central Bank. In recent weeks, the new president publicly insisted the central bank would never do [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The euro death spiral</title>
		<link>http://shareholdersunite.com/2011/12/20/euro-capital-flows/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=euro-capital-flows</link>
		<comments>http://shareholdersunite.com/2011/12/20/euro-capital-flows/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 17:43:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sovereign debt crisis]]></category>
		<category><![CDATA[Euro zone]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/?p=5504</guid>
		<description><![CDATA[Capital flows going the wrong way, anything to stop them? First, capital flowed from the center to the periphery, creating asset bubbles there. Now that these have imploded, capital flows have reversed, creating terrible problems for the euro zone, a zone that collectively has just a 4% public budget deficit (decreasing to 3% next year, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ECB backdoor to solve the euro crisis?</title>
		<link>http://shareholdersunite.com/2011/12/18/ecb-back-door/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ecb-back-door</link>
		<comments>http://shareholdersunite.com/2011/12/18/ecb-back-door/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 20:56:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sovereign debt crisis]]></category>

		<guid isPermaLink="false">http://shareholdersunite.com/2011/12/18/ecb-back-door/</guid>
		<description><![CDATA[Another creative idea hits a pocket of air and deflates.. We wrote about how the ECB&#8217;s newly longer-term (up to three year) support facilities for euro zone banks could be used by banks to buy sovereigns, and indeed that&#8217;s what seemed to be happening late last week. Whether it will continue into next week doesn&#8217;t [...]]]></description>
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		<slash:comments>0</slash:comments>
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