Austria getting some attention in the blogosphere

[John Clark]

Dear all,

I've mentioned Austria in the past, and more recently directly to Dan (a member of this group).

Here's a recent piece outlining why I have serious concerns about the financial health of Austria:

"Decision was rational. I put it into a model" says Hungarian Economics Professor who took Mortgage in Swiss Francs, then Clobbered on 40% Currency Move (Mish Shedlock)

Cheers

John