Debt Burden Greecing the Skids
It is clear the to-big-to-fail US government is not heeding the warnings that the PIIGS represent. What is interesting is that this article in the main stream press links the performance of gold to the debt load of Europe and the US. I’m always impressed when the main stream press acknowledges the obvious.
Greece forced to pay sky-high rates to borrow – Telegraph: www.telegraph.co.uk/finance/economics/gilts/846174….html