"Portuguese Prime Minister Jose Socrates is singing the praises of a $116 bailout on good terms, even though two weeks ago he denied the need for Portugal to take a loan at all. The bond market responded with a big yawn.
Please consider Portugal Says It Has Negotiated a Bailout Loan of $116 Billion..."
at http://globaleconomicanalysis.blogspot.com/2011/05/portugal-negotiates-116-billion-bailout.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
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