http://www.bloomberg.com/apps/news?pid=20601109&sid=ah6BBc3DV8CU&pos=15
It is amazing to see how all of those europeans governments which had been talking about how bad is the financial system in Africa mainly and South America are doing the same exact mistakes.
I think Credit default swaps are very complex to use and in the case of government the appointed minister of finance or whoever is in charge can do much because of political pressure and end up creating a serious economical catastrophe.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment