European leaders still don't understand what caused the Aegean Contagion that swept through the eurozone in late April and early May. Swedish Finance Minister Anders Borg blamed "wolf-pack behavior" by speculators. Others have railed against clueless rating agencies, feckless debtors, and unreasonable creditors. Then there are those who ask if there's an inherent flaw in the bond markets that made them cascade, turning vague worries into scary, self-fulfilling prophecies.
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