Let’s Face It: Austerity Can’t Work For Europe

Until the Euro Area will be stuck in this stagnation (or even recession) phase, it is completely insane to think of austerity as a possible way out of the crisis, the ratio debt/GDP will not…


Portugal: That “Little Tiny Debt Problem”

When you look at Portuguese debtor position, you easily realize that you’re looking at something that is even worse than the Italian situation for Euro Area, how can investors possibly trust Portugal ? Easy: they…