Over My Shoulder

Ambrose Evans-Pritchard: Eurozone crosses Rubicon as Portugal’s anti-euro Left banned from power

By John Mauldin

October 26, 2015

Ambrose Evans-Pritchard can get a tad shrill when discussing the Eurozone, but the facts surrounding his latest are worth heeding. Portugal is in the midst of a constitutional crisis. Their debt situation is worse than Greece's was when it had its FIRST crisis. And the new elected government (VERY far left) wants to abrogate the Eurozone funding agreements. The Portuguese president has refused to allow them to take power. Can we say brewing crisis?

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