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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (109913)3/25/2010 6:41:29 AM
From: Haim R. Branisteanu4 Recommendations  Respond to of 116555
 
We are speaking budget deficits not unemployment - US unemployment is over 17% similar to Spain. In california situation is similar if not worse than Spain

10 year US and Spain notes trade at the same yield and therefore the market knows something you do not.

My point was that the situation with the PIIGS is not better than that of the US (only Greece is an exception which can not be compared to the other PIIS)