Greek Recession

I regret to inform you that it is possible that the economic recovery lost momentum, and unable to even happen a second recession. The speculator and philanthropist George Soros prophesied that relapse in a book published last year and it doesn’t seem that the Oracle is going to go wrong this time: If the economy is a State of mind, this seems to overshadow by moments, each day that passes, each new data that appears. Even yesterday as Monday, when there was not a single significant data that confirm the bad omens. Credit: Gary Kelly-2011. Despite the absence of indicators that show the storm raging, markets were an audible thud by fear the new chapter approaching from the great recession. Banks sank in the bag, Italian bonds received a harsh punishment for the eleventh consecutive day, but above all the debt of Greece already unambiguously points the way for the suspension of payments. The Greek two-year bond came to pay in some moments of the day 50% interest rates, indicating that the probability of bankruptcy is very, very high: markets are charged interest capital that can that they not already recovered. Source of the news:: the fear of another recession sinks bag and shoots the risk premium