Do Friday's European Downgrades Matter?
January 13 — The chatter on Friday's downgrades of European sovereign ratings debt is all over the place - from those dismissing it as old news (especially given that S&P warned back on December 5th) to those viewing it as part of a larger and consequential transformation of the international monetary system.
What follows is an attempt to provide a guide to the multi-faceted implications. Read more.
