The Week that Europe Stopped Pretending: The Euro Has Essentially Broken Down
The euro has essentially broken down as a viable economic and political undertaking. The latest rush of events reeks of impending denouement. The debt markets are pricing in for a global deflationary bust….
Eurozone Debt: Two More UXB’s You Won’t Find in the UK & US MSM
By John Ward http://hat4uk.wordpress.com/2012/04/02/eurozone-debt-two-more-uxbs-you-wont-find-in-the-uk-us-msm/ Greece has no money to pay international law creditors, and the Bundesbank is owed 550 billion euros by debtor banks From Germany’s Deutsche Mittelstands Nachrichten this morning came the news that…