If the implications of the recent Greek tragedy were not so serious it would have been seen more as a Greek comedy (of fiscal errors). In fact, however, to deploy another metaphor, Greece's sovereign debt is seen as the proverbial....
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Posts Tagged ‘ Sovereign Debt ’
Debt Default ‘Deferral’ of Greece a Dangerous Precedent – Got Gold?
SHOCK EVENTS & GOLD BREAKOUT
The events of the last 12 to 18 months have been as shocking as they have been instrumental in reshaping the global financial structures. In fact, the events have pointed out the fracture of the global monetary system and banking systems.....
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British Pound in for a Sharp Fall?
Bryan Rich
In my December 26 Money and Markets column I focused on the outlook for 2010, and the looming threats to global risk appetite. I warned that sovereign debt problems posed a major threat to global economic recovery. And I concluded that this threat represented a catalyst for a return of global risk aversion.....
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Despite Spiraling Contagion Fears, Spain Debt Worries Are Overblown
By Martin Hutchinson, Contributing Editor, Money Morning
It had a huge housing boom, and is now dealing with the fallout. It has a left-of-center government and a big budget deficit, but relatively low debt in relation to its gross domestic product (GDP). And it has a worrisome current account deficit.
I’m talking,...
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The Penalty – and Payoff – for a Loss of Faith in Currency
The ascending dominance of the "Currency Contagion" meme will raise the selling price of this asset 197%.....
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Britain’s Accelerating Trend Towards High Inflation and UK Debt Default Bankruptcy
Whilst politicians of all the major parties during the general election campaign continue to ignore the giant debt elephant in the room as the general public continue to prefer to be deluded into thinking that Britain can skip the debt crisis that faces the country as a consequence...
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Sovereign Debt Disaster Will Favor Hard Assets
In the event of a full-blown sovereign debt crisis, hard assets will become deeply desirable as one of the few “stores of value” left....
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Next Phase of the Credit Crunch & What it Means for Gold & Markets
...Sovereign governments through their bailouts, stimulus packages and support, have basically become the credit markets....
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Will America Choke on its Own Debt
By William Patalon III, Executive Editor, Money Morning
Is America getting in too deep?
According to a new estimate by the Congressional Budget Office (CBO), if the United States continues along its current path, U.S. public debt will reach 90% of the nation’s economic output by 2020.
Given that federal debt has already zoomed...
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Bond Market Verdict: Treasuries Riskier Than Toilet Paper!
by Mike Larson 03-26-10
I have a lot of respect for Warren Buffett. As Nilus has noted before, he’s one of the world’s best long-term investors. He has a knack for buying low and selling high. And his Berkshire Hathaway holding company has been a great multi-year performer...
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