Tag Archives: Portugal

Slippery Grease Or Slippery Greece

The experts are out in force today solving the Euro’s problem.  It’s easy, just bankrupt all the Banks in Europe!  But all the Banks in this mess are tied into sovereign debt to such a huge degree, that to save a relatively small economy … Continue reading

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Second Rate ?

Do you remember Iceland, not the shop but the financial giant which straddled the Atlantic fault line, that’s appropriate, several years ago the rating agencies gave Iceland a Triple A rating and all their Banks.  Around the World they bought up … Continue reading

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Debt! Whose Debt?

Why is it that politicians and economists bang on about debt continuously, if you look at one country it’s the end of the world, at another it’s almost an irrelevance. Is debt so important and the level of debt as critical … Continue reading

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