Thursday, April 8, 2010

Greece debt crisis worsens

Mrs. Merkel has played high stake poker for her export industry which may well come back and deck her.

Greece's borrowing costs spiked higher for a third day Thursday, intensifying the country's debt crisis and suggesting a euro zone rescue program is providing little support for Athens' struggle to avoid default.

My comment is how much are they willing to print to support a much bigger mess?

Source: theglobeandmail.com

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