Temptations of a Peseta default in Spain

| July 30, 2012 | 0 Comments

Defying charges of heresy, Spanish economist Lorenzo Bernaldo de Quiros has penned a piece in El Mundo that more or less calls for Spanish withdrawal from the euro – unless Mario Draghi conjurs up real magic at the ECB. My rough summary/translation: Spain is heading for insolvency as big chunks of debt come due later this […]

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