Latvia cancels an auction of 10 year bonds - maybe nothing, but maybe a canary in a coal mine....

|By:, SA News Editor

Latvia cancels an auction of 10 year bonds - maybe nothing, but maybe a canary in a coal mine. "My perception of eurozone debt markets is that they are now on strike," says Charles Robertson. Latvia's issue - like much of the Western world - is the debt from the credit bubble was never wiped away, just shuffled off someplace, and still waiting to be dealt with.