From a cost-benefit perspective, the euro should go..
The BBC has woken up to reality and provides a very lucid, short overview..
This is not good, not good at all..
Reducing its debt needs inflation, restoring its lost competitiveness needs deflation. Greece is toast and should consider leaving the euro…
Another option, actually. Rogers is not totally right. It’s not good for Greece, but it would be good for the euro..
George Soros says so, but is he right?
A decade ago and more, when we were in a previous life in the academe, we had lively discussions about the pro’s and con’s of the euro (we used to […]