Tag Archives: Eurozone

Unstoppable ?

From the Economist So grave, so menacing, so unstoppable has the euro crisis become that even rescue talk only fuels ever-rising panic. Investors have sniffed out that Europe’s leaders seem unwilling ever to do enough. Yet unless politicians act fast … Continue reading

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Its a political problem

Was the decision to downgrade the US economy from a triple A rating the catalyst or is it the Eurozone’s debt crisis and fears of another recession that caused the markets to panic? Are global economies running out of options to rescue their economies and what … Continue reading

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Stop screwing around

From the Economist MAYBE everything will turn out all right. One shouldn’t forget that possibility. As each day passes, however, frustration grows. Leaders in America and Europe are dallying with failure on an epic scale. They are constrained by dysfunctional … Continue reading

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On the brink

By Nouriel Roubin The eurozone crisis is reaching its climax. Greece is insolvent. Portugal and Ireland have recently seen their bonds downgraded to junk status. Spain could still lose market access as political uncertainty adds to its fiscal and financial woes. … Continue reading

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