The PIIGS Infection is now Contagious

TOWERINGINFERNO

By John Galt
August 4, 2011

I thought that a quilt style mosaic might get the point across. I left a lot of markets off because honestly, nobody cares about them. Europe is toast, deal with it.

More on the markets as the poop hits the electric powered counter rotating air deflecting device later as the market closes….

(Click to Enlarge/Reduce)

eurojgflacrashquilt

 

All charts available from Bloomberg.com with more detail at this link. You might want to start paying attention to them if you haven’t been already……

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