Euro Collapse Looms? Panic Ban On Naked Short Selling
Currencies / Euro May 23, 2010 - 08:25 AM GMTGermany's Chancellor Angela Merkel says the Euro currency is at risk and that Europe faces its greatest challenge since the EU was formed. It comes as stock markets in Europe and Asia tumbled on the surprise news that Berlin was banning types of 'short selling' where investors profit by betting that shares will drop in value.
By F. William Engdahl
www.engdahl.oilgeopolitics.net
*F. William Engdahl, author of Gods of Money: Wall Street and the Death of the American Century and Full Spectrum Dominance: Totalitarian Democracy in the New World Order (Third Millennium Press), may be reached via his website, www.engdahl.oilgeopolitics.net.
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