No shit sherlock
- Real risk of euro zone crisis if economies pushed too hard
- Greece has highest risk of leaving euro zone
- Monetary union without fiscal union not impossible
- ECB’s LTRO has helped euro zone sovereign bond markets (don’t miss a trick, do they)
- Greek debt swap will have long-term effects
Comments made by S&P’s Kraemer. I know I’ve said this before, but I really did like him in Seinfeld…..
EUR/USD sits at 1.3440, where it was when I parked my bum first thing this morning. Is it home time yet?
