An article in the UK Telegraph stated that Greece’s Deputy PM had lashed out at Germany over war-time atrocities and accused Italy of cooking its books. This seems like a fairly dumb thing to do when you are hoping that Germany might hand over some cash to help you out of the hole you’ve dug yourself.
February 26th, 2010 | Murray Dawes | 2 comments | ContinuedAll Posts Tagged With: "asian markets"
Asian Markets Have Been Hit Hard By The Subprime Crisis
Interestingly, Asian markets have been hit hard… not by anything they did wrong, but by the sub-prime crisis, which was 100% made in America. The emerging markets have their troubles and weaknesses, Manraaj concedes, but they are fundamentally in better positions than the US, because they have less debt and cheaper operating costs.
April 7th, 2008 | Bill Bonner | 2 comments | Continued
