Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Saturday, November 5, 2011

All you need to know about the EU situation

When all is said and done...the euro will stand or fall on the ability of those countries that had rapidly rising costs and prices between 2000 and 2007 to get those costs and prices back in line. At this point the de facto strategy of European leaders is to require that they do this via deflation. And that will not work.

No comments:

Post a Comment