Dow at 10,000!

"The focus was on three countries: Greece, Portugal and Spain. The cost of insuring debt in those countries rose sharply on Thursday because swelling deficits could put them at risk for default. One barometer of sovereign risk, compiled by Credit Derivatives Research, rose to levels not seen since last spring; it has jumped 12 percent this week alone."

Taken from the NYT.

Spain set Mexico in the wrong track 200 years ago. Given our geographical position, a stone's throw from the biggest World Economy, we should be better off, than we are.

So it goes.