I missed this in today's Telegraph - until this evening: ...if the storm is peaking in the US, it has hardly begun in Europe. Bernard Connolly, global strategist at Banque AIG, says euro-losses may surpass the US debacle. "The next really big shock to financial markets is likely to be the risk of collapse in the EMU credit bubble: the private sector credit consequences ...
Posted on The Tap Blog.
Tuesday, 12 February 2008
Cheer Up Eurosceptics. The Euro's Disintegrating.
