Disappointed in EU
The eurozone headlines are blasted everywhere, and in large bold print. But to finance geeks such as myself, and undoubtedly to all of you at home trying make sense of extremely complicated developments in real-time -- quick, what is an ESM? -- there is some disappointment in what EU gods have shot back down to Earth.
We have sat back in the past week and watched as the Thursday-Friday summit was built up as a life or death moment for the world's financial markets. The market's desire was to get its hands on resolution plain and simple, unconcerned with the details, of course. The news during today's session and the weekend reads will likely not be able to explain just what the hell is going on in plain English, so allow me an attempt....347 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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