"Citigroup's chief economist, just threw fat in the Euro-fire with his statement ‘Insolvent’ Portugal Needs Loans Soon
Portugal is “insolvent” and will probably need soon to join the emergency-loan program from the European Union and the International Monetary Fund that’s available to Greece and Ireland, according to Willem Buiter, Citigroup Inc.’s chief economist..."
at http://globaleconomicanalysis.blogspot.com/2010/11/portugal-insolvent-says-citigroup-chief.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
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