Trichet says rising deficits are ‘problem’

[Skip to the end] Agreed! They are risking the solvency of the national governments. The national governments are beyond the point where they can write the check should any of their major banks be declared insolvent. Trichet Says Rising Deficits are ‘Problem,’ Osnabruecker Reports by Matthew Brockett Feb 12 (Bloomberg) &#8212 European Central Bank President […]