The Inevitable Debt Default Ahead for the US, UK and Japan Makes the Eurozone Look Cool !
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- The inevitable debt default ahead for the US, UK and Japan makes the eurozone look cool!
by http://www.arabianmoney.net/
A reminder that the big macro issues of the global economy are far from solved. The huge debts that brought us the last global financial crisis have only gotten bigger since then.
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Kevin Doran, senior fund manager at Brown Shipley, and David Bloom, global head of foreign exchange strategy at HSBC, discuss the global economic outlook and the chance the US, UK and Japan could default on their debt. You sometimes wonder if the eurozone’s problems are really so bad!
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