Max Keiser (BBC): Bonds going belly up? Sovereign Debt Crisis (government bonds). Introduction: Part I (Stacy Herbert leads in) Part II (Michael starts at 2:20 min into the video) Part III (Michael Hudson’s conclusion)
Max Keiser (BBC): Bonds going belly up? Sovereign Debt Crisis (government bonds). Introduction: Part I (Stacy Herbert leads in) Part II (Michael starts at 2:20 min into the video) Part III (Michael Hudson’s conclusion)
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Counterpunch Last month the G-20 authorized the International Monetary Fund to increase its loan resources to $1 trillion. It’s not hard to see why. Weakening currencies in the post-Soviet states threaten to raise default rates on foreign-currency mortgages as collapse of the Baltic real estate bubble drags down Swedish banks, while the Hungarian property...
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