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Whither the euro?
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A perspective from one of the major liberal mouthpieces of the US media, the NYT:
http://www.nytimes.com/2012/10/26/bu...pagewanted=all
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Originally posted by Carolinian View PostA perspective from one of the major liberal mouthpieces of the US media, the NYT:
http://www.nytimes.com/2012/10/26/bu...pagewanted=all
Which is what I keep trying to tell you. You'll keep posting the doom and gloom though, I'm sure.
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The real problem is that the political agenda of many European politicians to keep the euro at all costs makes no economic sense, and they are setting things up for a worse blowup with every bandaid they put on the euro. They are not thinking about the economic factors rationally, only their own political agendas, something this article touches on. They are putting the entire world economy at risk for their European federalist ideology. As The Economist magazine pointed out when the euro was first created, it was ''a political project with economic consequences''.
Originally posted by ace2000 View PostFrom your article... The euro zone is not about to collapse. Whether it can be sustained over the long term is not as clear.
Which is what I keep trying to tell you. You'll keep posting the doom and gloom though, I'm sure.
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France may end up being the trigger of the euro's end game:
http://www.economist.com/news/leader...ime-bomb-heart
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The German public may be about to wake up on the euro problem:
http://www.telegraph.co.uk/finance/c...ece-looms.html
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Italian election, other problems, still threaten euro:
http://moneymorning.com/2013/02/11/b...e-debt-crisis/
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Wall Street Journal: Why the Euro Crisis is not over:
http://online.wsj.com/article/SB1000...54758408.html?
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10 reasons why the euro crisis may be incurable:
http://www.marketwatch.com/story/10-...=home_carousel
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The Cyprus bailout crisis may yet be another trigger for the fall of the euro:
http://www.bloomberg.com/news/2013-0...y-at-risk.html
and
http://blogs.telegraph.co.uk/finance...-to-haunt-emu/
and
http://money.cnn.com/2013/03/16/news....html?iid=Lead
and
http://www.nytimes.com/2013/03/18/bu...dayspaper&_r=0
and
http://blogs.reuters.com/felix-salmo...rus-precedent/
and
http://www.nytimes.com/2013/03/19/bu...erns.html?_r=0
and
http://www.telegraph.co.uk/finance/f...y-bailout.html
and
http://finance.yahoo.com/blogs/daily...ZWMDTWVkaWFTZWLast edited by Carolinian; 03-18-2013, 11:32 PM.
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