Archive for March 19th, 2010
EU Debt Crisis: Perception is Reality – 2127th Edition
I wonder if I wasn’t a little glib in my last post ?Dollar Returns to Favor as World’s Reserve Currency?when I implied that the Euro would necessarily continue falling because of ongoing sovereign risk crises. In actuality, the situation is much more nuanced, and I want to qualify this idea below.
As I’ve said before, the sudden [...]
