Monday, May 24, 2010
News Links, May 25, 2010
It's Total Debt, Not Only Public Debt, That Matters
"All that's really happening now is that the private sector debt is leaking across to the public sector via the bailouts."
"It is estimated that the Spanish banking industry could be sitting on €300 billion worth of mortgage-related losses."
Nuclear renaissance, anyone?
"It is highly unlikely that we will achieve the real growth rates necessary to sustain the current force structure."
And finally... UK: One in ten 'would rather lose partner than TV'