In September 2015, we wrote China? Oil Prices? Saudi Arabia? Iran? Why Volatility? The Grand Surprise Part II where we said “the depth of European Banks’ illiquidity and careless lending…
With one exception all of the Portuguese banks including Caixa Geral, the government owned bank, are technically bankrupt and insolvent.
Americans plough €600 million into Portugal in record month for real estate By NATASHA DONN natasha.donn@algarveresident.com As the shackles of the global financial crisis seem at last to be breaking,…
In the short article “Ides of March,” we referred to Portugal, Spain, Italy, and France as likely to experience political pressure to seek relief from the severe austerity imposed on…
Asher Edelman 