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APR 05, 2013 - Business Insider

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BRIDGEWATER: Italy Could Blow Up The Euro

Judging by the purchasing frenzy of Italian bonds today, most of it emanating out of Japan which after last night's epic snafu involving JGBs and the double halt of bond trading which may have spooked the "New BOJ-frontrunning Normal" Mrs Watanabe, not to mention Albert Edwards' recent rekindled love affair with the Mediterranean country, one may have left with the impression that all is well, and Italy is "safe." Not so fast: according to the world's biggest hedge fund (after the ECB and the NY Fed of course), Bridgewater, whose daily letter today is titled "Could Italy Blow Up ... Read More

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