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Greece and Dubai show system remains unstable
ft.com — A watershed in the derivatives world could be reached this week: the cost of insuring against a... bond default by Greece, using credit derivatives, may rise above the comparable metric for Turkey for the first time. Just two short years ago, that would ... (more) Greece and Dubai show system remains unstable
Greece tests the limit of sovereign debt as it grinds towards slump
Greece tests the limit of sovereign debt as it grinds towards slump
telegraph.co.uk — Greece is disturbingly close to a debt compound spiral. It is the first developed country on either... side of the Atlantic to push unfunded welfare largesse to the limits of market tolerance. (more) Greece tests the limit of sovereign debt as it grinds ...
Earth [A Cartoon From Greece]
Earth [A Cartoon From Greece]
truthdig.com — READ THE WHOLE ITEM Related Entries October 26, 2009 Four-Letter Word October 26, 2009 Seeing Red October... 25, 2009 Once and for All October 20, 2009 When You’re Smiling October 19, 2009 Purple Finger  ... (more) Earth [A Cartoon From Greece]
So Again, Why Are We Headed Down The Same Road?
qando.net — I n a little noted Financial Times article yesterday, it reported: The European Union’s public debt could... by 2014 rise to 100 per cent of gross domestic product – a year’s economic output – unless governments take firm action to restore fiscal ... (more) So Again, Why Are We Headed Down The Same Road?