Reinforced fears of a wider deterioration in Euro-zone prospects
EUR/USD The Euro maintained a firm tone in early Europe on Tuesday with a move… Source
Tag Archives: Deterioration
Reinforce fears of a wider deterioration in Euro-zone prospects
EUR/USD The Euro maintained a firm tone in early Europe on Tuesday with a move… Source
Still fears over an underlying deterioration in the US economy
EUR/USD The Euro found support close to 1.30 in early Europe on Thursday and… Source
Fears of further deterioration in funding conditions
EUR/USD Banking-sector fears remained an important focus during Friday with fears… Source
Killer Debt: Dubai, Greece, Spain — Now the Baltics?
This week, Fitch Ratings announced that “Latvia and Lithuania’s ratings are under pressure from the sharp deterioration in public finances.” They’ve also just cut their rating on Greek government bonds, and S&P cut its outlook for Spain’s debt from to "negative." All that less than three weeks after Dubai defaulted on its debt through its subsidiary Dubai [...]
Bread and Circuses
It’s nothing new to compare today’s Western Civilization to the Decline and Fall of the Roman Empire. Writers have observed the parallels for years, and for good reason: currency depreciation, the deterioration of morality, the character of government, and more. Original Source