03 December 2010

Euro Debt Crisis (what's next)

One after another. First Greece. Now Ireland.

This Euro debt crisis is dragging its feet to nowhere. Underlying problems continue to exist. These two Economist articles provide a good reading on the current situation.

1. The crisis in Euro area: no easy exit
2. Breaking up Euro: how to resign from the club

Meantime, enjoy the dance (in the markets) till the music stops.

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