Bailout fatigue will take on increasing political importance in Europe

This is just a daily piece putting together the overriding theme I have extracted from today's news. But I think the theme here - bailout fatigue -will be significant going forward.

I have said it in the past, but it bears repeating now in view of poor German economic data, as difficult as the austerity/bailout dance has been , it will become even more difficult in a downturn which affects Germany and other core countries. The news today was from Markit showing the German Flash PMI was below ...


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