Farewell to the Euro?
It is time to face the fact that Europe’s peripheral countries have to become poorer. The only question is whether they will take the euro down as well.
https://prosyn.org/MxaDcoG
MUNICH – “It’s not the euro that’s in danger, but the public finances of individual European countries.” One hears this everywhere nowadays, but it’s not true. The euro itself is at risk, because the countries in crisis have, in recent years, been running the eurozone’s monetary printing presses overtime.