Tag Archives: Government of Spain

Spain’s Collapse is No Little Thing

By the Daily Bell S&P cuts Spain’s credit rating by two notches to BBB+ … Standard & Poor’s cut Spain’s sovereign debt rating Thursday by two notches, warning that the government’s budget situation is worsening and that is likely to have … Continue reading

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Unsettling News on the Unresolved Eurozone Crisis

By Eric Fry We are not entirely sure what a “resolved” Eurozone crisis is supposed to look like, but we are pretty sure it is not supposed to look like the chart below A resolved crisis is not supposed to feature soaring … Continue reading

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This Dressed-up Deal is no Victory for Europe or Ireland

New Article on DavidMcWil​liams.ie Let’s be clear. The European deal announced last Thursday night is designed to do one thing and one thing only. It is designed to persuade investors to buy Italian and Spanish government bonds. And as an exercise … Continue reading

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