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Spain: Too Big to Fail?

July 23, 2012

John Noonan, Senior FX Analyst at Thomson Reuters says if the euro zone allows Spain to fail, the contagion effect could spread to Italy. He adds that going long on Spanish bonds is a high-risk, high-reward play.

Source: http://www.cnbc.com/id/15840232?video=3000104257&play=1
 
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