Sunday, April 25, 2010

Expect Contagion in Europe, Greek Debt Crisis Will Spread; New Wave of Riots in Greece

Given that the European Commission has been 100% wrong 100% of the time in its ability to yap away the problems in Greece, I take the opposite side of Greek Debt Crisis Won’t Spread Through Europe, Officials Say http://www.bloomberg.com/apps/news?pid= ... ARFU&pos=7

European Central Bank officials dismissed speculation that Greece’s budget crisis will spill over to other countries in the euro region.

“There is no economic cause for a contagion discussion,â€