10/17 AEP: “It will be an ice-cold douche for the world”

By John Galt October 16, 2011 – 16:45 ET Tonight’s edition for the October 17 print edition of the UK Telegraph’s latest from Ambrose Evans-Pritchard is about as cold, real, and hardcore as it gets. The article in full spells out how a “union” in Europe, and I use that term with a smug smile, could well lead to a financial crisis worse than Lehman and Merrill’s collapse combined without ever hinting as to the direct impact on the world economy. The sentence used in the title is only an extract…

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