What will happen when Greece defaults?

The question is not if, but when, says this analyst. The European Central Bank will become insolvent, thanks to its high level of exposure to Greece. And the ramifications will be felt across the globe.

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Cartoon of the week

The two faces of the President.

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COMMENTS

Adi Daruwalla

6 years ago

On a lighter note that was great, the two sides of Obama. What shall we say about our PM Pyaare Mohan; Our PM Dr. Mr. Manmohan Singh is currently in need of a SPINE, what he has currently is a WISHBONE, and so do many of our Indian corporate TOP DOGS. At this stage it is important to note that if he does not get a SPINE, he himself needs a TOTAL REPLACEMENT.

China can’t be Europe’s White Knight

China’s initial purchase of Portuguese bonds was a disaster. Why is it trying to meddle in the EU bailout process again?

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