Sunday, June 17, 2012

Europe's Moment of Truth

Good morning to all.

Europe's moment of truth is upon us, and we all wait for the outcome of the Greek elections and for how the markets shall react.

I have nothing new to add since my last post. Instead of I have put together a list of 10 articles worth reading from individuals of far greater intellect than I. I especially found the last one of particular interest, amusement and fascination.

(1) John Maudlin "The Bang Moment is Here".

(2) Sydney Morning Herald "The Coming Week Will Rock Market's Socks Off".

(3) NIALL FERGUSON: 'If There's Going To Be A Lehman Moment In The Crisis, It's Going To Be Next Week' - I consider Ferguson one of the greatest thinkers of our time. "This is the financial equivalent of the Cuban Missile Crisis."

Also worth viewing the Bloomberg TV Interview with Mohamed El-Erian here - who explains his belief why Greece will leave the EU.

(4) ROUBINI AND FERGUSON: The Current EU Bailout Approach Is A Disaster

(5) Bloomberg - Central Banks Warn Greek-Led Euro Stress Threatens World

(6) Barry Ritholtz - Understanding the European Crisis - A simple explanation with the use of macroeconomic charts.

(7) Nouriel Roubini - ROUBINI: Dark Clouds Are Gathering Around The World

(8) Europe Will Splinter No Matter What Happens In Greece; 'France Has At Most Three Months' Says German Official
(9) As Greece prepares to vote, the world holds its collective breath - Associated Press

(10) This Book Written In 1858 On Greece Shows Nothing Has Changed In 150 Years

Wishing you all a great week.

Avi




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