Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Monday, August 08, 2011

Dead Cat Bounce

Dead Cat Bounce
European stock and bond markets have recovered this morning (marginally), after the European Central Bank (ECB) signalled it would start buying Spanish and Italian government debt to fight the eurozone's debt crisis.

Unfortunately this is but a dead cat bounce, until the systemic failings of the Eurozone are corrected and the politicians show some decisive leadership, the ongoing decline will continue.

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