Fulcrum Asset Management has some analysis on the current cost of Europe’s current crisis. The $1 billion asset manager, which has several different hedge funds, thinks cost will run into the trillions. Spain and Italy noted as the country’s most needing financial assistance. The price of that assistance might dwarf anything the Eurozone has to offer and rock the region’s stability. One of the options that may be taken is a step toward mutualizing the debt of the Eurozone countries. That strategy would be the purchase of secondary government debt, and lending to financial institutions under the terms of…
Fulcrum: Euro Bailouts Could Cost Another $2 Trillion
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.