Debt Contagion is the new watchword.
Sovereign Debt
The Sovereign Debt Bomb Goes Off
Some links to understand today’s mini-crash.
"Club Med" Dominates the Pre-Market
Now what, Spain?
Greece: The California of Europe
The Greek economy is California Dreamin’, apparently…
Euro: The Beatings Will Continue Until Morale Improves
The Euro’s troubles began earlier this month and with every upset gyro cart in Athens, the beatings have continued. From the WSJ: LONDON — Support for the euro has turned very soggy very quickly, with sovereign credit risk in Greece, banking stress in Austria and weak economic data all suddenly proving a major drag. The…