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Tag Archives | euro crisis

Are U.S. Banks Ready for a Break Up of the Euro?

Simon Johnson, is the former Chief Economist of the International Monetary Fund (IMF) and is now at MIT.  Last month he wrote “The End of the Euro: A Survivor’s Guide.”  Today on Bloomberg.com he writes that U.S. Banks Aren’t Nearly Ready for the Coming Euro Crisis. Some of his thoughts on the matter: Very few […]

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The Rain in Spain…

No sooner has the financial world breathed a collective sigh of relief over the results of the Greek Elections, than the dam appeared to spring another leak.  This time  in the form of surging Spanish bond yields. As reported by the WSJ.Com yields on the Spanish Ten Year Treasury “surged to the highest on record […]

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