jump to navigation

Link the dots!!! January 13, 2012

Posted by proeconomia in Main, News on Greece, On the crisis.

OK, today we have: (1) a likely downgrade of France and Austria’s likely downgrade from S&P with Germany retaining its AAA rating (but read yesterday’s posts about Germany as well); (2)  a break off of the debt talks with Greece’s creditor banks as hedge funds prepare for massive profits if Greece defaults and (3)  the euro falls below 1.265 in early NY trading (good for the German exports, right?!). Keep thinking about who’s to blame and who’s likely to gain from this whole mess…





No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: