Tuesday 15 December 2009

Moody’s warns of 'social unrest’ as sovereign debt spirals

Telegraph
"It said that in the coming years, evidence of social unrest and public tension may become just as important signs of whether a country will be able to adapt as traditional economic metrics. Signalling that a fiscal crisis remains a possibility for a leading economy, it said that 2010 would be a “tumultuous year for sovereign debt issuers”.

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