Skyroam Coupon Code - TRAVELSPIRIT

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Saturday, February 13, 2010

A Greek crisis is coming to America

It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies. For this is more than just a Mediterranean problem with a farmyard acronym. It is a fiscal crisis of the western world. Its ramifications are far more profound than most investors currently appreciate.
The writer is a contributing editor of the FT and author of ‘The Ascent of Money: A Financial History of the World‘
 Copyright The Financial Times Limited 2010.
  http://www.ft.com
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