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Pragmatic Capitalism

Practical Views on Money & Finance

NOT EUROPE AGAIN….

The usual suspects don’t appear to be healing in Europe.  CDS spreads continue to widen throughout much of Europe despite the Herculean measures taken on by the ECB.   As we mentioned last week, things appear to be getting worse in many countries across the region….Will the markets continue to sit by idly as it appears increasingly obvious that the austerity measures are not the quick fix everyone assumed them to be?  Or is this just a shot across the bow?

Source: CMA

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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