Yahoo! Finance: One Size Doesn’t Fit All


From Yahoo! Finance – BREAKING UP: EU Nations Will Go Separate Ways and WTO Will Collapse, Predicts Author:

From Greece’s sovereign debt crisis to Ireland’s (Spain and Portugal could eventually be added to the group), it’s becoming clearer by day that one monetary policy is not working well for the good of the entire Eurozone.

Altman argues that one economic policy is not working AT ALL for a group of countries growing in different directions at different paces. He predicts the EU will eventually “disintegrate” into two or four segments, “which are geographically distinct and economically distinct.”

Read more.

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This entry was posted in Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, ireland, Solutions and tagged , . Bookmark the permalink.

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