Deutsche Bank on Europe: 'It's Not Inconceivable That We Could Be In Full Crisis Mode By The End Of This Week'

Deutsche Bank on Europe: 'It's Not Inconceivable That We Could Be In Full Crisis Mode By The End Of This Week'; Such is the severity of the situation in Italy.

Here's Deutsche Bank's Colin Tan talking about the same thing that everyone else is talking about:

Its not inconceivable that we could be in full crisis mode by the end of this week. The situation  with Italy feels increasingly like one that has little chance of materially improving until some
extreme pressure is put on someone to act. It may not come to a head this week but the signs are not good that we can avoid an extreme situation emerging soon.

Read more: http://articles.businessinsider.com/2011-11-07/markets/30368824_1_ecb-italy-big-bustup#ixzz1dGdFS6d4