Tuesday, November 16, 2010 2:48 PM

EU President Proclaims "Survival Crisis"; Everyone Wants a Bailout of Ireland Except Ireland; Austria tells Greece to Get Stuffed; Currency Ping-Pong

A mad dash to "save Ireland" is underway by the EU and by the IMF. Numerous reports of an Irish bailout are floating around everywhere. The only problem with the rumors is that Ireland says the rumors are false and it does not need a bailout.

EU President Proclaims Survival Crisis

Bloomberg reports Ireland Weighs Aid as EU Spars Over Debt-Crisis Remedy http://noir.bloomberg.com/apps/news?pid ... 68sdMXINSA

Ireland was in talks over a financial rescue as European Union leaders battled to shield Portugal from the resurgent debt crisis and doubts surfaced over Greece’s economic health.

“We are in a survival crisis,â€