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  • Portuguese Socialists Threaten Economic Atomic Bomb

    12/17/2011 6:26:20 AM PST · by Kaslin · 45 replies
    Townhall.com ^ | December 17, 2011 | Mike Shedlock
    Splintering and dissent continues in a major way as Christian Noyer, head of the Bank of France, attacks the fiscal rating of the UK following a negative outlook review of France by the rating agencies. In Portugal, socialists talk openly of default as a weapon. Portuguese Socialists Threaten "Economic Atomic Bomb" Ambrose Evans-Pritchard at The Telegraph writes Talk of 'nuclear default' sums up Left's anger at EU dictates Tempers are fraying in austerity-racked Portugal. A top socialist politician was taped at a party dinner calling for diplomatic warfare against the EU's northern powers and issuing threats of debt default. "We...