Posted on 09/02/10
Euro zone woes foreshadow threat of U.S. debt
Washington -- bmckenna@globeandmail.comA funny thing happened when the sovereign debt menace began stalking the weak siblings of Europe.The U.S. dollar rose.The reason, of course, is that the fiscal troubles facing Greece and Portugal are really all of Europe's problem. It's all for one, and one for all in the euro zone. So the euro takes a hit.
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