European Banks Unprepared for Greek Exit From Euro - Yahoo! Finance
European Banks Unprepared for Greek Exit From EuroBy Elena Logutenkova, Liam Vaughan and Gavin Finch | Bloomberg – 1 hour 27 minutes ago Europe's banks, sitting on $1.19 trillion of debt to Spain,…
Greece A Result Of A Greedy Goldman? Nahhhh...
Back in 2001, Greece had a problem. The struggling country's debt levels were simply too high to qualify for admittance to the European Union. While these regulations were in place to protect the…
Tidbits from Barron's Roundtable
The first thing I look at when I read Barron's round table is the results of the panelists picks from last year. On that accord, one would do well by skipping most of it. There are though, two…
Index Funds, Where Are We Now?
Index Funds, Where Are We Now? While following important economic news as it continually streams through headlines, its akin to wrapping your mouth around a fire hose to quench your thirst;…
Germany must defend the euro | George Soros
It should be recognized that a disorderly default or exit from the eurozone, even by a small country like Greece, would precipitate a banking crisis comparable to the one that caused the Great…
So they look up Jonah, and cast him forth into the sea.
I think the exit of the PIGS from the EURO is inevitable. How can I play that? I'm not sure if the Euro goes up or down on that. If the worst credits leave, then the currency gets stronger. But…
Dollar seen losing global reserve status - FT.com
Dollar seen losing global reserve status By Jack Farchy in London The US dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank…
