Our debt sustainability analysis across the eurozone periphery shows that Greece is clearly insolvent; the Irish government is unable to support its banks and remain solvent; Portugal’s public debt is not sustainable at current interest rates; it is still quite possible that Spain will lose market access in 2011; and Italian public debt is comparatively stable.
terça-feira, 22 de março de 2011
The PIIGS Are Almost Bacon
é o título sugestivo que Bob Wenzel constrói a partir de uma análise da Roubini Global Economics:
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