Well, CNBC Has Figured Out Why The Markets Are Tanking

We’ve figured out why the market is tanking.

It’s not the ongoing economic carnage in Spain.

It’s not the collapse of anything resembling a stable Greek government.

It’s not the belief that the Fed and the ECB are paralysed.

CNBC declares: It’s the ‘Euro Socialist Selloff.’

CNBC euro socialist selloff

Photo: CNBC

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