Why the euro crisis is worse than you think Friday, April 16, 2010 From The Pragmatic Capitalist:Regular readers know that I think the Euro currency system is highly flawed and unlikely to withstand the test of time. And the more I think about the problems in Greece the worse I think the situation really is.I think bailout fever here in the states will have damaging long-term repercussions, but that is nothing in comparison to what the Greek bailout could result in. There’s no denying that the EU rescue package was likely necessary, but does little to resolve the structural problems in Europe.The problem remains...More on the euro crisis:
Friday, 16 April 2010
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