COMO OS OUTROS NOS VÊEM

Forget Greece: it’s Portugal that’ll destroy euro. It is a long-time since Portugal played a decisive role in world history. The Treaty of Tordesillas, which divided the non-European world up between Spain and Portugal in 1494, was probably its last major contribution, and even that did not end very happily. But 2012 could be the year Portugal explodes onto the world stage again. How? By blowing up the euro. Greece is already bust — and its default is already priced into the market. But Portugal is in precisely the same position, just on a longer fuse. [...]

[Imagem: manifestantes protestam em Davos, onde está reunido o Fórum Económico Mundial.]