Thursday, May 6, 2010

A starting point for further discussions

People are getting more and more upset over the Greece debt debacle. Is the rout getting out of control? The solvency virus is infectious and has a bearish gestalt. So it is time, to take a breather and to think about further developments on this front.

To support this process, the sentix GmbH publishes some chapters from the yearly outlook dealing with the solvency issue for public access. This document is an excerpt of the sentix-Jahresausblick 2010, published January 5th, 2010. You find the analysis here:

http://www.sentix.de/premium/sentix_Jahresausblick_2010_Themenanalyse_Solvenzkrise.pdf

Please pay attention to the Disclaimer at the end of the analysis and that this document is not a current analysis but a basic paper.

The Handelsblatt said on its frontpage "god, this is the end". I am sure, this won't be the end. It will be the starting point of something really new! The solution of the debt crisis requires a rethinking of our debt-prone economies. The current crisis, hopefully, may be in restrospect the starting point of this process.

Panic almost never is a source of good decisions ...

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