Soft “EuroLanding” or "Happy End" in EuroLand
The "Happy Ending" twist to Euro concerns involves the survival of the European political project and the emergence of a new “Euro Deal”, which dramatically transforms the economic and political landscape of Europe. On the ...
Euro became fiat money and not debt money.
Talk about fiat money; and places that are strong, but so challenged economically that they need to make a fundamental change in their economic system or be totally owned by the hedge funds. We think that is far more likely. If...
Gordon Brown fears about Euro stability in 2011
BBC reports that Former British Prime Minister Gordon Brown has said that the euro's problems were bigger than just its governments' debts. Europe must also solve the euro's structural rigidities and the enormous debts of its b...