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

Such is the severity of the situation in Italy according to a businessinsider report.

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.
The big problem: Berlusconi doesn't seem like he's in an urgent mood to make reforms, the ECB isn't doing much, and China and Brazil have dropped out of the picture.
Hence we could get a big bustup….

Find out the rest at http://www.businessinsider.com/deutsche-bank-europe-could-be-in-full-crisis-mode-by-the-end-of-this-week-2011-11