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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Deficit
EU ready to ease Spain’s deficit pain
(click here if video is not observable)
Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Deficit, EU, Sovereign Debt Crisis, Spain, Spanish Economy
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Quote of the Day: SecTreas Gets It
There is no way of knowing how long financial markets will give the American political system to get ahead of this [fiscal/sovereign debt] problem. But it makes no sense for us to wait until they force action upon us. … Continue reading
Posted in Quote of the Day, Sovereign Debt, Sovereign Risk
Tagged Debt Ceiling, Deficit, Tim Geithner
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