Tag Archives: Escalating Cycle of Turmoil

Europe’s Escalating Cycle of Turmoil

Great graphic from the IMF,  which nails the policy paralysis in the Eurozone.   Similar, but more rigorous, to the “meet and discuss” cycle  we wrote about last December, Their modus operendi seems to be: meet and discuss, wait for a … Continue reading

Posted in ECB, Euro, Eurozone Sovereign Spreads, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments