Next week is critical to the developments of the Euro Zone and the pending financial crisis. According to the Business Insider, several bond auctions in Italy, Belgium, and Spain are coming in the next week. If these auctions fail, the speed of the crisis could easily result in the beginning of a death spiral. We'll see what happens.
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November 27, 2011
Several Bond Auctions in Europe Next Week
Next week is critical to the developments of the Euro Zone and the pending financial crisis. According to the Business Insider, several bond auctions in Italy, Belgium, and Spain are coming in the next week. If these auctions fail, the speed of the crisis could easily result in the beginning of a death spiral. We'll see what happens.
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