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Trader Warns "The Whole House Of Cards Is Demonstrably Unsustainable"

• by Tyler Durden

Via Bloomberg,

There are a lot of traders grateful for the populist scare going on in Italy. Not that they support the draft governing platform nor think this will provoke true fiscal reform and integration within the euro zone.

Rather, it remains a buy-the-dip world and people spent much of the last few days just trying to figure out where. They have decided to give it a try this morning.