PDA

View Full Version : Euro's Appeal Masks Gathering Storm in Europe: Simon Johnson - Bloomberg



NewsWhore
08-28-2011, 11:00 PM
<img alt="" height="1" width="1" />
Euro&#39;s Appeal Masks Gathering Storm in Europe: Simon Johnson (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxwOPevAgqN14qUJR5uaLPVN_wnw&url=http://www.bloomberg.com/news/2011-08-29/euro-s-appeal-masks-gathering-storm-in-europe-commentary-by-simon-johnson.html)
Bloomberg
If interest rates are raised in an attempt to stabilize the currency, the borrower&#39;s burden increases. If companies default, the solvency of local banks and governments becomes a concern. The resulting rush for the financial exits tramples on a great ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dhVp7XwkifqGJBM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxwOPevAgqN14qUJR5uaLPVN_wnw&url=http://www.bloomberg.com/news/2011-08-29/euro-s-appeal-masks-gathering-storm-in-europe-commentary-by-simon-johnson.html)