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Another Bad Day in Europe

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : November 23rd, 2011
96 words - Reading time : less than a minute
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Category : Opinions and Analysis

 

 

 

 

It’s been quite some time since I’ve heard a good, thick Italian accent like the one by Reuters analyst Vincenzo Albano in the video below and, I don’t know about you, but, to me, it kind of makes the situation sound even worse than it really is, if that’s possible.


http://www.reuters.com/resources_v2/flash/vid...;edition=BETAUS


Borrowing costs are spiraling out of of control again and, after a German bond auction disaster and what increasingly looks like a French credit downgrade, things may finally be coming to a head for the European sovereign debt crisis that recently entered its third year.

 

 

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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