The Mother of All Bubbles: Huge National Debts Could Push Euro Zone into Bankruptcy - SPIEGEL ONLINE
Très bon article du Spiegel en 6 parties sur la crise en train de se produire non seulement en zone Euro, mais aussi aux USA ou en Grande Bretagne...
# Part 1: Huge National Debts Could Push Euro Zone into Bankruptcy
# Part 2: Living Beyond Their Means
# Part 3: Calls to Eject Greece from the Euro Zone
# Part 4: 'Panic Is Slowly Taking Hold'
# Part 5: How Empires Fall
# Part 6: A Tough Course of Cold Turkey
Citation du jour par Adam Smith : As far back as 1776, Adam Smith, the father of modern economists,
pointed out the need for a legal system to deal with national
bankruptcies. "A fair, open and avowed bankruptcy," the moral
philosopher wrote, "is always the measure which is both least
dishonourable to the debtor, and least hurtful to the creditor."