Nothing good ever comes from this….

Europe faces some dark times. Despite borrowing billions of Euro’s to cover debts but not assessing underlying government and economic fundamentals, coupled with the inability to deleverage their own economies, to put it mildly, isn’t a good thing.

Below are charts for the 10 year bond yields look like for Greece, Ireland, Italy, Portugal, Spain and Belgium. And as you’ll see, in the linked posts at the end of this sentence, the countries that can least afford it are the ones that are most affected by higher oil prices, and the impacts of food inflation.

Greece bond chart:

Italy bond chart:

Ireland bond chart:

Portugal bond chart:

Spain bond chart:

Belgium bond chart:

Watch this space, and the European space, because it’s going to get a little rougher before it gets easier.

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About Ed.

Digital, Search, Social leader.
This entry was posted in Chances of Euro collapse, Debt and deficit in Europe, Europe debt problems, Europe's web of debt, The biggest loser(s) and tagged . Bookmark the permalink.

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