Eurowrap 24/07/12

Euro is no longer a ‘risk-on’ currency

From risk-on, to the short leg of the carry trade.

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There is no housing bubble in Germany

Thankfully, the chatter seems to be just that.

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Club Med and the Sun Belt: Lessons from adjustment within a monetary union

Insight from the US.

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Are they really going to kill Spain now?

The looming demise of Spain, and Greece’s political disconnection from the rest of Europe.

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