Talk of a Crash
by coldwarrior ( 3 Comments › )
Filed under Economy, Europe, Headlines, Politics at June 25th, 2012 - 7:20 pm
I am starting to see more and more articles in the Europen papers about the plans that the finance and government sectors have ready if (when) the Euro collapses. There have been more and more of these over the past week. Today the top two articles are from Der Spiegel and from the London Telegraph.
The Der Spiegel article is quite long and can be read at your leisure here. It will be worth your time.
The London Telegraph article can be read here.
The increasing frequency of this topic in the last week or so leads me to believe that something bad is headed our way.
Oh, and Moody’s downgraded most of the Spanish banking system…they are 3 months away from junk status.
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