The U.S. Needs A Good Dose Of Merkel |
| November 29, 2011 | November 2011 Bond Updates |
|
With fiscal time bombs ticking in both Europe and the United States, the pertinent question for now seems to be which will explode first. For much of the past few months, it looked as if Europe was set to blow. Angela Merkel’s refusal to support a Federal Reserve-style bailout of European sovereigns, as well as her recent statement the she had no Hank Paulson-style fiscal bazooka in her handbag, has lowered the heat. |
| View more at: http://www.forbes.com/sites/greatspeculations/2011/11/29/the-u-s-needs-a-good-dose-of-merkel/ |
| Related News |
|