Fallout in America from Europe’s debt bomb, as a hedge fund perishes: WJB Faced 25% Interest on Debt Ahead of Brokerage Shutdown [1]
AmEx (American Expat) sent us this: In Greece’s Sour Economy, Some Shops Are Thriving [2]
Cue the dramatic gloom and doom music: Hungarian Yields Soar, CDS Hits Record As Bill Auction Fails [3]
Greek Prime Minister warns of March default [4]–Lucas Papademos says Greece may default on its debts in March unless unions accept further cuts to salaries.
Items from The Economatrix:
Against Euro And Yen, Dollar Defied Reality [5]
Peter Schiff: Now’s A Perfect Time For A Gold Rally [6]