Sur fond de crise des dettes, la Bourse de Paris plonge de plus de 4,5 %. Crédit Agricole, Société générale et BNP Paribas dégringolent (are slumping) de plus de 10 %.Investors in Shanghay and Tokyo are selling at any price, trying to salvage anything they can. A bad day all over the world, not excepting Tel Aviv.
At this point the Euro is the prison of nations, condemning Greece, Portugal, Spain, Italy, Ireland to decades of ruin. Ten years ago, Argentina broke the chains of dollar parity that had plunged that country into a 30s scale depression. The economic rebound has been stunning.