Portugal may end up as a worse mess than Greece/Ireland. Plan A (bailout) may fail even before you can design Plan B (debt restructuring)
Tuesday, April 12, 2011
Roubini: Portugal Is a Real Mess
Mr. Connected, Nouriel Roubini, who usually doesn't make outrageous statements about the PIIGS unless he is actually hearing bad news from those in the know, thumbs:
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In comparison, the USA makes all others look like robust thriving economies.
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