Debt and deficit in Europe

How long until the markets realise that America is effectively a ‘Greece’ and they should treat it as such? That’s effectively the question of NYtimes columnist, Paul Krugman.

Debt and deficit in Europe

But it America really, ‘a Greece’? If the PIIGS are ‘too big to fail’ no one could sensibly argue that America is too big to fail. The only real question is though, if push came to shove who would bail them out? Who could bail them out?

And what are the benefits of having a currency to call your very own? See for yourself below. It is now only a matter of time before there is a split.

The benefit of having your own currency

Advertisements

About Ed.

Digital, Search, Social leader.
This entry was posted in Debt and deficit in Europe and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s