Hobson’s choice

I thought I would set myself a goal to try and write a commentary on the markets and not use “Europe”, “periphery” or “debt”. As you can see I just failed, which is a good thing as this commentary would be decidedly short if I hadn’t.  The past couple of weeks haven’t been a good time to be a prime minister. Having seen two go, Greece’s Papandreou and Italy’s Berlusconi, there must surely be a bit of unease being at the top. 

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