Sunday, April 17, 2011

Anarchy erupts in Greece as austerity bites

The Greek debt crisis was so last year, with the middle east, north Africa, and Japan garnering the headlines.  Surprise--Greece is burning again.  As with most sovereign debt crises--they don't go away.  They get worse as credit ratings plunge, debt-servicing costs soar, and insolvency rears its ugly head again. 

http://www.independent.co.uk/news/world/europe/anarchy-erupts-in-greece-as-austerity-bites-2269023.html

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