http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aQafXGX9vuCw
Three European countries have been bailed out so far.
Spain and Italy are non the way.
Rate rises are coming.
Unemployment is not falling but rising.
Banks are still in a mess.
Taxes are going to go up.
GDP growth is going to be flat to negative.
Look at the Nominal GDP Vs 10 Year Govt Bond Rate
If the later is higher than the former - it is a sign of an insolvent nation.
Three European countries have been bailed out so far.
Spain and Italy are non the way.
Rate rises are coming.
Unemployment is not falling but rising.
Banks are still in a mess.
Taxes are going to go up.
GDP growth is going to be flat to negative.
Look at the Nominal GDP Vs 10 Year Govt Bond Rate
If the later is higher than the former - it is a sign of an insolvent nation.
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