Larry's Blog
Germany’s Responsibility for the Euro Crisis
September 12, 2011
German officials and citizens have assumed the high moral ground since the start of the euro debt crisis in the autumn of 2009. One can easily imagine their ire at learning that governments like Greece not only far exceeded agreed ceilings on fiscal deficits and debt in a chronic way since joining the European Economic […] More
New Overnight Developments Abroad - Daily Update
Greek Default Concerns
September 12, 2011
European and Asian markets experienced another extremely difficult session overnight, the focus of which was mounting speculation that aid to Greece will be halted and that Greece will then default and leave the euro zone, if not the EU. The euro got whacked, falling to its lowest yen value (JPY 103.89) since June 14, 2001 […] More
