To what is already cited in those pieces, I’d also suggest a read of two items that hit my inbox yesterday morning. The first is written by my friend and former colleague from Salomon Brothers, Des Lachman, who is a resident fellow at the American Enterprise Institute in Washington DC. His article appeared Thursday in the Financial Times as an FT Exclusive Comment, entitled “Portugal will follow Greece and Ireland to failure”. While the title essentially says it all, the detail in the piece is a must read for appreciating the severity of the Eurozone situation.
(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. As I mentioned earlier, each investor is obligated to opine and decide the appropriateness of anything said in this article to his or her unique financial profile, risk tolerances and portfolio goals).
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