Archive for July 2011
Faber Says Greece Needs Debt Writedown of as Much as 50%
April 30 (Bloomberg) — Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg’s Maryam Nemazee about Greece’s debt crisis. Copyright Bloomberg 2010 Marc faber Greece needs debt writedown 50% greek financial crisis rating agency downgraded downgrade Portugal spain italy Ireland Iceland pigs piigs economic collapse second wave imf emf central bank france germany protestors riots euro eurozone zone eu European union junk bonds interest budget UK England Britain Athens contagion spreads bond status eurozone default wall street dow S&P rating moodys credit rating budget government deficits gdp
Circle Agency – Philadelphia, PA
Circle Agency 215-288-0800 www.yellowbook.com
