Friday, January 6, 2012

The Swiss Franc to suffer from The Hungarian mortgages Crisis

Nouriel Roubini : "Collateral damage to Swiss Franc linked Hungarian mortgages @lindayueh: #Hungary forint hits new record for 3rd day against euro:321.6 +1.3%" wrote professor Nouriel Roubini in a twitter message directly from old Europe where he is now , "In 2012 hungary may have a financing gap as large as 10% of GDP putting pressure on reserves and currency" he added in another twitter message

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