Submitted by dog on Thu, 2010-02-11 11:06
Your read of the day...sorry for the gloom...
A Greek crisis is coming to America
It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies. For this is more than just a Mediterranean problem with a farmyard acronym. It is a fiscal crisis of the western world. Its ramifications are far more profound than most investors currently appreciate.
Yea, read it all
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