The global economy is unusually fragile, so "all bets are off" if the European financial system...

|By:, SA News Editor

The global economy is unusually fragile, so "all bets are off" if the European financial system starts wobbling, Yves Smith worries. "The bailout plan shifted risk from the periphery to the core of Europe, and the core, upon examination, does not look too solid. Prepare yourself for a rough ride."