sovereign debt crisis – Page 41 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Buiter: no politically feasible route to sustained growth for many years to come

China and Europe

News Links: Euro Zone Economy Shrinks

Italian minister breaks down in tears over austerity budget

The Euro, Currency Sovereignty and Adopting a Foreign Currency

Stephen Roach on the IMF bailout, Chinese banks and US consumers

News Links: Euro doomed from start, says Jacques Delors

March to Folly: Underestimating Germany and the ECB

News Links: Ten days of secret planning to rescue markets

Europe is headed to a blood in the streets outcome