Is Spain the next Lehman?
Country, unlike firms, can never go bankrupt. Lehman became “too big to save” for Washington, but will Spain become “too big to fail” for Europe?
Thoughts and discussions on economics, finance and investing, with a focus on China – a publication by MG Research
Country, unlike firms, can never go bankrupt. Lehman became “too big to save” for Washington, but will Spain become “too big to fail” for Europe?