Posts Tagged ‘Spanish inflation’

Notes From Underground: The Weekend’s Top News is, Surprise, Surprise, GREECE

May 30, 2011

Notes is going to REPOST¬†an old piece just to remind our readers and the financial world that the games surrounding the GREEK DEBT situation has turned into a marathon of concern and an Ironman competition of lies and deceit. The European policy makers are attempting to delay what the markets have deemed to be inevitable and pretend that a Greek restructuring will not take place. The fact that the market has driven two-year GREEK RATES to more than 25% is of no consequence to the EUROCRATS of Brussels for, as usual, the political elite will continue the facade of “ALL CLEAR” as the PIIGS move from crisis to crisis.

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