Wednesday, July 6, 2011

Portuguese Debt Downgrade

Well the years start coming and they don't stop coming
Fed to the rules and I hit the ground running
Didn't make sense not to live for fun
Your brain gets smart but your head gets dumb
--Smash Mouth

Yesterday Moody's took Portuguese debt down four notches to junk status. Chatter getting loud on Ireland as well.

Not sure how much longer the EU's pop up blockers can mitigate the debt virus...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.