Greek PM cancels U.S. trip as debt crisis deepens

Greek PM cancels U.S. trip as debt crisis deepens

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• Greek PM cancels U.S. trip as debt crisis deepens
• The ailing euro is part of a wider crisis. Our capitalist system is near meltdown
• Scrambling for ways to rev up the recovery
• EU ends talks with little progress in overcoming divisions
• China ‘faces subprime credit bubble crisis’
• Greece to offer new liquidity guarantees to banks
• Gordon Brown fears euro crisis worse than Lehman as 1930s beckon
• China boosted holdings of treasuries to highest since October

Greek PM cancels U.S. trip as debt crisis deepens Posted: Who’d want to be George right now, poor chap  :(

The ailing euro is part of a wider crisis. Our capitalist system is near meltdown Posted: Happy Dayz.  Will Hutton in The Observer.

Scrambling for ways to rev up the recovery Posted: David Smith at economicsuk.com

EU ends talks with little progress in overcoming divisions Posted: Time’s a wastin……

China ‘faces subprime credit bubble crisis’ Posted: Love him or loathe him, latest from AEP at The Telegraph.

Greece to offer new liquidity guarantees to banks Posted: Reuters article

Gordon Brown fears euro crisis worse than Lehman as 1930s beckon Posted: Sold any gold lately Gordo?

China boosted holdings of treasuries to highest since October Posted: David Ader used to be one of my smoking buddies at Thomsons back in the 1990s.