Friday, November 26, 2010

Merkel's Dilemma; Eurozone Borrowing Costs Hit Record; Expect Sovereign Defaults

"The Spiegel Online shows the severe problem facing facing Germany in terms of investments at risk, the enormous amount of money owed German banks by the PIGS (Portugal, Ireland, Greece, and Spain)..."

at http://globaleconomicanalysis.blogspot.com/2010/11/merkels-dilemma-eurozone-borrowing.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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