http://fistfulofeuros.net/afoe/economics-and-demography/why-we-all-need-to-keep-a-watchful-eye-on-what-is-happening-in-greece/
Greece. Just a precursor to what we will see.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5PyWzGVCR7E&refer=home
Correa Defaults on Ecuador Bonds. A victim of low oil prices. More victims will happen.
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/14/AR2008121402029.html?hpid=topnews
Argentina. Victim of the Agri boom going bust. Once again the scariest one of all. The food supply collapse was the final nail that pushed the economy off the cliff in the 30's and brought the most suffering.
Monday, December 15, 2008
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