Sovereign Debt Crisis Could Be Story of 2010
By yudhi on Jan 14, 2010 with Comments 0
The opening last week in Dubai of the Burj Khalifa, the world’s tallest building at 2,717 feet, is a physical reminder of an under appreciated risk for 2010: the possibility that countries that rode the debt issuance boom of the mid-2000s will have trouble paying their creditors. (The Philadelphia Inquirer and Britain’s The Independent have also documented the human cost of Dubai’s rapid construction.)
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Sovereign Debt Crisis Could Be Story of 2010 originally appeared on DailyFinance on Tue, 12 Jan 2010 06:00:00.
Filed Under: Economy, Investing, Goldman Sachs
Filed Under: Finance
