Monday, July 11, 2011

Bond Yields In Italy, Greece, Ireland and Portugal



-------- Original Message --------
Subject: Literally On the Edge
Date: Mon, 11 Jul 2011 07:34:59 -0700
From: Jas Jain
Literally On the Edge

 

Monday, July 11, 2011

Europe: Bond Yields up Sharply for Italy, Greece, Ireland and Portugal

by CalculatedRisk on 7/11/2011 08:35:00 AM

http://www.calculatedriskblog.com/2011/07/europe-bond-yields-up-sharply-for-italy.html

 

The four countries listed are literally on the edge of Europe—South, South, North West and South West, respectively. Austria, Germany and Switzerland, in the middle and German-speaking, managing quite well. Advances in communication and transportation, most efficient in history by far, have taken away the advantages once enjoyed by ports and countries on the edge. Over time, the advantages enjoyed by the Greeks, Italians, Portuguese and, lately, by Anglo-Americans have dwindled. Germany is claiming its rightful place in Europe and together with China would end the Anglo-American hegemony. Sooner than you think.

Jas


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