Pimco’s Bill Gross: Cesi n'est pas une summitThis is no summit. It’s a coffee klatch filled with petit fours and empty promises.
And another big thank you to EUropastan...EU is a dysfunctional family. Recession ahead even if agreement is reached. Greek default certain, Portugal/Ireland loom.
He put more succinctly though:fiscal contraction is long term scenario. Risk off.
Behind the Façades in France: What expats and the mainstream media (French and American alike) fail to notice (or fail to tell you) about French attitudes, principles, values, and official positions…
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