Sunday, June 17, 2012

News Analysis - Europe Economic Woes

Jun 16, 2012 by
 
The unthinkable looks possible: a global financial crisis reminiscent of the one in 2008: A full-blown crisis to start in Greece, quickly move to the rest of Europe and then hit the US. Stocks and oil would plunge, the euro would sink against the U.S. dollar, and big banks would uncover losses on complex trades. In this news analysis, we will find out how likely a possibility this would be.

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