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The Coming Euro Crash

March 18th, 2015 · No Comments

  • It looks to be another difficult year for the eurozone, even if the lower euro and oil prices provide some much needed relief.
  • Even if we manage to get past the Greek election, we should open our eyes to the inherent failures of the eurozone, which is likely to regularly produce a crisis.
  • For instance, the eurozone cannot really cope with different policy preferences or asymmetrical shocks, indeed it tends to reinforce the latter. It is a half baked, and therefore a crisis prone system.

The Coming Euro Crash | Seeking Alpha

Tags: Eurocrisis