Mail on Sunday: Reports that both Italian and French Governments are on standby to bailout out their major banks due to the Greek default. Thus on Monday folks the markets will have to deal with US downgrade, the near default of Italy, the close default of Spain, the chance that major banks in Italy and France could go down, thus another credit freeze, you could almost stay in bed and not watch TV on Monday folks, there is economic tsunami coming, will make 2008 look like happy hour, interesting hours ahead folks.
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