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pandora's box

Emu Debt Crisis Edges Ever Closer To The Core

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The eurozone's debt crisis is once again in danger of spiralling out of control after yields on Portuguese debt spiked to a post-EMU high and contagion hit Spain and Belgium.

By Ambrose Evans-Pritchard 10:14PM GMT 10 Jan 2011

Telegraph link

Jolly good, looks like my second prediction for 2011 is keeping to schedule.

Edited by General Congreve

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The eurozone's debt crisis is once again in danger of spiralling out of control after yields on Portuguese debt spiked to a post-EMU high and contagion hit Spain and Belgium.

By Ambrose Evans-Pritchard 10:14PM GMT 10 Jan 2011

Telegraph link

I wouldn't say 'once again'. It was never contained.

You cannot solve debt by borrowing more. Doesn't take a lot of brains to work this one out.

And just watch what's going to happen to Belgium next month........;)

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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