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European Dream Turns Into A Nightmare | Seeking Alpha

January 12th, 2016 · No Comments

  • While the eurozone basks in a cyclical upturn boosted by a surprisingly aggressive ECB, cheap oil and a cheap euro, fundamentally things are rather bad.
  • The upturn is not strong enough to dent the eurozone’s structural problems and paper over the design problems of the euro, which can reassert themselves at any moment.
  • Both the euro and the refugee crisis have created a host of political problems that could spin out of control if the relatively benign economy starts to face headwinds.

Source: European Dream Turns Into A Nightmare | Seeking Alpha

Tags: Eurocrisis