Tagged: Debt

Slovenian bank system on brink of collapse

Slovenian bank system on brink of collapse

This is an extract from a letter written by an Slovenian economist to the Mish where is has described the pathetic condition of country’s banking system. Here are the points he made: Slovenian debt...

Why Treasury Yields went down when US was downgraded ?

Why Treasury Yields went down when US was downgraded ?

This was a phenomenon which one hardly sees in his lifetime. When US was downgraded from triple A rating to AA+ by S&P on 8 Aug 2011, it was thought US Treasury yields would...

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