By John Galt
November 30, 2011 – 13:45 ET
Youch.
While Ambrose Evans-Pritchard has never appeared “Euro-centric” to this blogger, today’s commentary in the print edition of the U.K. Telegraph sounds like there are sharp lines being drawn across the Atlantic with the interdependency of the Fed, Bank of England, and ECB starting to create a harshness which appears to be exposed in this editorial:
Citigroup sentences Europe to Lost Decade
From my perspective, Citigroup missed the 2007-2009 debacle so their forecasting leaves, well, uh buttloads to be desired. But this opinion piece is worth a read as the divisions around the world along with the trenches and foxholes being dug so everyone can lob blame grenades at other for the collapse can begin.
BOHICA.
Recent Comments