{"id":151171,"date":"2010-01-07T16:56:00","date_gmt":"2010-01-07T21:56:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/heres-how-europe-would-collapse-into-financial-crisis-2010-1"},"modified":"2010-01-07T16:56:00","modified_gmt":"2010-01-07T21:56:00","slug":"look-how-quickly-schizophrenic-markets-lost-faith-in-the-euro-system","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/151171","title":{"rendered":"Look How Quickly Schizophrenic Markets Lost Faith In The Euro System"},"content":{"rendered":"<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>As a schizophrenic world quickly lost its dollar-hating-euro-love, look how quickly Credit Default Swap (CDS) spreads for European nations exploded upwards. All it took was roughly a month, as exemplified by the spike for Greece. This Greek financial crisis was all it took to end talk of the euro as a replacement for the U.S. dollar. Chart via <a href=\"http:\/\/www.indexuniverse.com\/sections\/features\/7105-which-governments-are-safe-borrowers.html?Itemid=5\">Index Universe<\/a>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b46547a0000000000ba7d37&amp;maxX=500\" border=\"0\" alt=\"cds1\" width=\"500\" \/><\/p>\n<p>Using the market&#8217;s view above, here&#8217;s how the European dominoes could collpase &#8212; first Greece, then Ireland, Spain, Italy, and Portugal.&nbsp;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/heres-how-europe-would-collapse-into-financial-crisis-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/euro-bankers-fly-in-to-fight-for-flailing-greece-2010-1\">Euro Bankers Fly To Greece For Dramatic Emergency Meeting<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/what-we-can-learn-from-europes-40-billion-renewable-energy-super-grid-2010-1\">What We Can Learn From Europe&#8217;s $40 Billion Renewable Energy Super Grid <\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/eu-imposed-austerity-regimes-creating-anarchy-and-terrorism-in-southern-europe-2009-12\">EU-Imposed Austerity Regimes Creating Anarchy And Terrorism In Southern Europe<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/ydTdp62gY94\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a schizophrenic world quickly lost its dollar-hating-euro-love, look how quickly Credit Default Swap (CDS) spreads for European nations exploded upwards. All it took was roughly a month, as exemplified by the spike for Greece. This Greek financial crisis was all it took to end talk of the euro as a replacement for the U.S. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-151171","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/151171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=151171"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/151171\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=151171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=151171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=151171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}