SovereignLife Freedom Blog

Facts are stacking up that paint an ugly picture of Eurozone sovereign debt. As the cost of borrowing rises, the future impact of interest payments on such debt compounds the problem. But while the focus is on the Eurozone, global observers can obviously see how that if one country defaults, it will increase the pressure on others. And if a country like the UK gets into trouble (which is very likely) then the focus will shift to the US, which has its own massive economic problems. It can become a domino effect.

For more insight read Eurozone Could Risk Sovereign Debt Explosion – by Ambrose Evans-Pritchard.