The Euro Zone's Deadly Domino Effect
A Commentary by Wolfgang Münchau
For reasons of data protection and privacy, your IP address will only be stored if you are a registered user of Facebook and you are currently logged in to the service. For more detailed information, please click on the "i" symbol.
Remember Henry Kissinger's domino theory? The former US secretary of state feared that the neighbors of a state that was under the control of the Soviet Union would also fall into Moscow's sphere of influence. Today, the theory that used to be applied to communism can be seen on the bond markets of Europe. The sovereign bonds of more and more euro-zone countries are coming under attack. Soon, one country after another might topple.
http://www.spiegel.de/international/europe/0,1518,798695,00.html
http://www.spiegel.de/international/europe/0,1518,798695,00.html
No comments:
Post a Comment