Thursday, June 4, 2009

Just When You Thought It Was Safe...

Latvian Debt Crisis Shakes Eastern Europe

European Banks in Spotlight as Baltic Crisis Hits Sweden

More debt markets collapsing.....I can hear you now: Latvia ? Sweden? How can this really be a problem? Umm, remember this: sub-prime is the only problem, all else is contained.

A lack of liquidity is not what the world needs right now.

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