Credit Matters: Full Marx to Spain
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Credit Matters: Full Marx to Spain

Sovereigns in financial distress have clearly been playing on the mind of intrepid analyst Gary Jenkins since he was a child, when he would try to interest his friends in the Marx Brothers film Duck Soup, about the bankrupt nation of Freedonia. But with the European bail-out club now totalling three members, he doesn’t have to use his imagination any more.

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