Eurozone's Next Problem: Foreign Investor Asset Liquidation, Could Hit $2T |
|
November 30, 2011 |
November 2011 Bond Updates
|
Global central banks were once again forced to inject additional U.S. dollar liquidity into the system to ease funding pressures on European banks. With the European sovereign debt crisis looking more Lehman-like every day, whole-sale asset disposals appear as another major problem that could begin to accelerate unless policymakers get their game on. Foreign investors have already begun disposing of these assets, a process which began in the periphery and will spread to the core as contagion spreads.
|
|
View more at: http://www.forbes.com/sites/afontevecchia/2011/11/30/wholesale-eurozone-asset-liquidation-to-hit-2t-without-bazooka/
|