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A nation takes a collective gulp!

eamonnm79 · 2009-06-22 11:57:05

“There is a moment where you can't spend anymore and you can't accumulate any more debt. I think we are at that moment,” Mr Trichet told Europe 1 radio. If he means what he says, Ireland, Spain, Portugal, Greece and Italy are in big trouble.

22-06-2009 12:57pm

#1

eamonnm79

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“There is a moment where you can't spend anymore and you can't accumulate any more debt. I think we are at that moment,” Mr Trichet told Europe 1 radio.

If he means what he says, Ireland, Spain, Portugal, Greece and Italy are in big trouble.

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