Wed Apr 28th, 2010 at 06:26:53 AM EST
Now, really a simple question (or two).
If the brilliant minds in Europe do not bail out Greece and a tsunami of finantial weapons of mass destruction (a.k.a CDS) destroy a subset of banks, and scares investor out of Portugal debt which will lead to a total freeze out of the World debt market. What should Spain do when the refinancing of its debt can not find any willing buyer?
And in the case that Greece is bailed out , and total destruction of aggregate demand is demanded (Am I not cute with this retruecanos?), what should Portugal and Spain do when they request the same thing from two economies which are very close to recovery if they are only left alone?
I really want to know what you think about it... it is the only place when I can get some insight.