Tag Archive: EFSF

Jun 11 2012

EU, Spain and “Voodoo Economics”

  After weeks of denying that there was any problem, Spanish officials came to their senses last week and admitted that the Spanish banking sector – awash in bad debt and mismanagement – would require a bailout. And the EU, now following a very familiar script, worked furiously to hammer out a bailout deal over …

Continue reading »

Older posts «