Nov
21
Zero to $160B, from Vince Fulco
November 21, 2010 |
What began as denial, denial, denial for an Ireland bailout is now $160B which is about $80B higher than the highest estimates I casually collected. Not exactly Paulson's bazooka but more like a light anti-tank weapon. Portugal and Spain have repeatedly said they are not in need given their debt schedules. Will the bond vigilantes strike again (and again)?…
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