daily forex: US Republicans Indulge In Financial Brinkmanship

Unease at the Greek government’s to meet its obligations vis a vis debt have pushed markets lower and seen the Euro fall in recent weeks. It is clear that the EU will not allow a full Greek default to happen and so the market movements have been more of a stutter than a fall. But spare a thought for what might happen if the world’s largest economy failed to meet its obligations........read full article  at daily forex