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1 posted on 04/17/2014 2:28:01 PM PDT by Kaslin
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To: Kaslin
Things are rough in the PIIGS nations.

If Wolfgang Münchau is right, is it not better for Italy to default and get over with it?


2 posted on 04/17/2014 2:49:53 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Kaslin

Italy’s cabinet approves decree to avoid Rome default
http://english.sina.com/world/2014/0228/679160.html


3 posted on 04/17/2014 2:57:29 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Kaslin

Japan’s is over 200%.

Banzai!


4 posted on 04/17/2014 3:02:58 PM PDT by mojito (Zero, our Nero.)
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To: Kaslin

The words “death spiral” come to mind...


5 posted on 04/17/2014 3:04:54 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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