Predictions:
Alan Greenspan said Europe is a leaking boat and political consolidation is the only solution to the region’s financial crisis – we are gradually moving in that direction.
Greenspan expects the “fiscal cliff” to be kicked down the road becauuse nobody wants all of those items to hit the economy all od a sudden – at the end of the day, something will be done.
Read the full article at http://www.bloomberg.com/news/2012-06-29/greenspan-says-europe-like-a-leaking-boat-with-holes.html