Jul
2010
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SOVEREIGNS RULE - BELT AND BRACES OR A ROYAL FLUSH?
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John Greenwood is more a Paul Simon man than a Kenny Rogers man. With Kenny the issue was “When” singing in The Gambler you got to know “when to fold ‘em” but with Paul Simon the issue was “How” when he sang there were “50 ways to leave your lover”. Being an economist John Greenwood has cut the odds to 10% for Sovereigns seeking to exit the Debt Crisis.
Five Exit Options provide plenty of wriggle room but Greenwood, not unexpectedly, and unlike most economists, has a clear opinion …
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