2010
"The risk that deteriorating government finances could push economies into full-fledged debt crises tops a list of threats facing the world in 2010, according to a report by the World Economic Forum"
A repricing of sovereign risk in 2010 could be the catalyst for rapidly rising interest rates on a global scale and finally put an end to the bailoutorama that has characterised the GFC to date. The question remains will the US Dollar be repriced to reflect the innate insolvency of the United States?
Welcome back for 2010....more soon.
A repricing of sovereign risk in 2010 could be the catalyst for rapidly rising interest rates on a global scale and finally put an end to the bailoutorama that has characterised the GFC to date. The question remains will the US Dollar be repriced to reflect the innate insolvency of the United States?
Welcome back for 2010....more soon.
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