Debt Rattle, April 4 2008

New York Times, Dec. 12 1930 Ilargi: As financial troubles in Europe grow, calls for transparency get louder. Since the EU has a common central bank, the ECB, that is not really a lender of last resort, and the national central banks have limited powers, transparency may be the only way to stop the bleeding before the patient succumbs. In the case of Spain, it may already be too late. All the