1. Mohandas Gandhi: French credit weaknesses pushing markets down worldwide →

    shortformblog:

    The cost of insuring France’s debt rose to a record high today. And unlike the United States, France can’t just increase their money supply to pay its creditors. Partly as a result, it’s the most indebted of all European AAA-rated countries. It’s having a ripple effect that’s…

    (Source: shortformblog)