In a race against time
Some time has been won with what seems like a ‘massive attack’..
The Sovereign debt crisis isn’t going away anytime soon..
In fact, it’s spreading….
Meanwhile, in Greece…
Austerity measures proposed. Is it enough? Well…
Has the rot stopped?
Perhaps for now, yes. But the debt problems are not going to go away…
The UK isn’t even mentioned in the PIIGS..
Ok, it has got it’s own currency, but really, it’s fiscal position isn’t any more rosy…
Someone is in our corner..
Well, some notorious people seem to agree with us…
You’re not scared yet?
If you think we were scary yesterday about what is going on in Europe, read this. Very scary…
Lighten up on stocks..
We advice to lighten up on positions. The Greek situation isn’t going to go away anytime soon, even if there comes a major IMF/EU bailout package, and this has the […]
Greece’s Catch-22 situation, is there any easy way out?
Reducing its debt needs inflation, restoring its lost competitiveness needs deflation. Greece is toast and should consider leaving the euro…
Politicians in Europe are playing a dangerous game
The Greek debt crisis could easily be defused and is in fact in the economic interest of each and every country in the European Union. But politicians, especially those in […]