Tag Archive for Bailout

Worst Case Scenario Response – Here’s the best case. But how likely?

Earlier today I asked, “So let’s take a contrarian view. What’s the best case scenario. Thoughtful responses get posted on WSE. Since everybody expects the worst, how might “everybody” be surprised? When all the experts say the same thing, remind me, how often are they right?” The learned Jimi gave the following response: Best case…

Central Banks Warn Greek-Led Euro Stress Threatens World. Pundits Demand Quick Fix

Central banks intensified warnings that Europe’s failure to tame its debt crisis threatens to roil the world’s financial markets and economy as Greece’s election in two days looms as the next flashpoint for investors. Monetary policy makers from the U.K. to Japan and Canada sounded the alert about potential fallout from the single currency bloc’s…

Worst Case -Shock waves will destroy the world if Greece drops euro. What’s the best case?

Bankers, governments and investors are starting to prepare for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system. The worst-case scenario envisions governments defaulting on their debts, a run on European banks and a worldwide credit crunch reminiscent of the financial crisis in the…

Treasuries Advance as Greek Election Boosts Safety Bid – Bloomberg

Treasuries rose, set for a weekly gain, amid concern Greeks will elect a government hostile to the terms of its bailout and before U.S. reports that may show production slowed and consumer confidence fell. Ten-year notes outperformed similar-maturity German bunds as investors favored securities from outside the euro area. Greeks vote in two days after…