Sovereign Contagion Spreads to UK, Britain's Debt Facade Cracking

Interest-Rates / UK Debt
Jun 11, 2010 - 08:32 AM
By: Mike_Larson

When Greece’s markets first started cracking wide open, a lot of claptrap spewed forth from Wall Street. The general consensus:

• The problems in Athens would stay bottled up in Athens.

• They would remain “contained.â€