SUBSIM Radio Room Forums - View Single Post - European banks may need 18.1 trillion Euro bailout

Rockstar · 02-19-09, 08:08 AM

More intel for you http://blog.atimes.net/?p=601

The giant sucking sound

February 17th, 2009
By David Goldman
The battering of Eastern European credits and contagion in Western European sovereigns and financials with significant East European exposure validates my November warnings that the US administration’s borrowing spree would create a black hole in financial markets overseas. The US Treasury market rallied massively while sovereigns disintegrated ...

02-19-09, 08:08 AM	#10
Rockstar In the Brig Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 12,614 Downloads: 10 Uploads: 0	More intel for you http://blog.atimes.net/?p=601 The giant sucking sound February 17th, 2009 By David Goldman The battering of Eastern European credits and contagion in Western European sovereigns and financials with significant East European exposure validates my November warnings that the US administration’s borrowing spree would create a black hole in financial markets overseas. The US Treasury market rallied massively while sovereigns disintegrated ...