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EURO DEBT CONCERNS AREN’T GOING AWAY

16 September 2010 by Cullen Roche 3 Comments

This is a great discussion on the Euro crisis with Satyajit Das.  Das is the author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives. He adds a healthy dose of common sense to the discussion and concludes that there is no way the EMU can avoid debt restructurings:

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Comments
  • vol-trader

    @5:07

    “argentina started on the process around 98 or 99, but they didn’t default until 2001.”

    09/17/2010 at 1:23 AM
  • boatman

    in our credit crisis condition, the Eur unravel will be the next big step down.

    believe bob doll to your peril.

    09/17/2010 at 7:28 AM
  • ObaMao

    Good to hear from Das. Been reading his blog which he updates once in a blue moon.

    09/17/2010 at 10:33 AM