Skip to content

Greece, Ireland, Spain, Portugal and Italy…

Willem Buiter, a professor at the London School of Economics and a former Bank of England policy maker, talks with Bloomberg’s Elliott Gotkine about the fiscal situations in Greece and the U.K. They speak in London. (Source: Bloomberg)

Given recent default/delay talk from Dubai these wobbly national finances are a significant concern… for bondmarkets it’s all about the linkages between classes of securities and yield curves… sovereigns defaulting disrupts the models that fixed income investors use to move money around… buckle up…