Oliver's Insights - The Euro-zone public debt crisis (again)
20 July 2011 - Click here to see the Key points and read more
• The spreading of the European debt crisis into Italy and Spain is worrying given their greater size. It is clear the crisis is a long way from being resolved, and seems to be following a course like the Asian crisis of 1997-1998 or the US subprime crisis of 2007-09.
• Fortunately the emerging world is strong and the US is likely to introduce further quantitative easing if the outlook darkens too much, but European debt issues will likely
remain a threat and a source of volatility for a while to come.
