The municipal bonds bubble – 2011
December 22, 2010
Although politicians on both sides of the Atlantic are trying to reassure their respective electorates that the worst of the latest sovereign debt crisis is behind us, 2011 appears to shape up as the year when the municipal bonds bubble bursts. In the US, municipal long-term debt has jumped from 1.5 trillion to 2.8 trillion… » read more
Posted by Spotlight on Geopolitics
, E.U., economics, neoliberalism, USA |