Posts Tagged ‘Greece’
April 2010 Economic Overview
And the Stress goes on and on and on. It appears that Europe has hammered out a salvation plan for Greece. But it is still too little, too late and it's only temporary. China’s government began to rein in lending. India raised reserve requirements and Brazil’s stimulus is being phased out. Central banks in the Rich World are beginning to [...]
March 2010 Economic Overview
“Beware of Greeks bearing gifts” wrote Virgil in Book 2 of the Aeneid. Oh, had the Euro zone only listened! Greeks are presenting the Euro zone with a whopper now. Wishing that the Greek financing crisis an outlier does not make it so. With hedge fund jackals at its throat, Greece is rapidly finding it impossible to get finance. [...]
