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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (38820)6/1/2011 6:22:35 PM
From: benwood  Read Replies (1) | Respond to of 71475
 
If you launch QE-next right away, then it really isn't QE, but rather, SOP (standard operating procedure). Or perhaps SNAFU would describe it more succinctly.



To: ggersh who wrote (38820)6/1/2011 11:39:09 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 71475
 
June 2 (Bloomberg) -- Greece’s risk of default was raised to 50 percent by Moody’s Investors Service as European officials rushed to put together the second bailout plan in two years to stave off renewed financial turmoil in the region.

noir.bloomberg.com

I believe upping default risk while attempting to salvage fiscally sovereign wrecks is uniquely European.


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