Feb 27

Government debt is no longer just a problem for emerging countries. Portugal, Spain, France and Greece (as we have seen in recent weeks) are living in fear of credit default. Consequently, the value of their credit default swaps is skyrocketing.
The following is an excerpt from the February issue of Global Market Perspective.
Click here to download the rest of the Global Market Perspective 100+ page issue free.
High levels of global debt are both financially debilitating and deflationary because they ...






