Jacob Kirkegards asks: "How can a majority of 25 City of London economists conclude that “a euro break-up of greater or lesser proportions during the next Parliamentary term” – within five years , in other words – is likely?"
and explains "Not according to the economic and political facts ..."
Full text
Comment: Finally there is a commentator who brings reason back into the debate that has gone completely mad and has been overly dominated by prominent madmen who have bombarded us for months with relentless clattering, lack of substance and outright errors of analysis. I highly recommend reading Jacob's full text.
Kirkegaard: The Euro Is Safer than Ever – Here's Why
Published: Wednesday, 16 Jun 2010
8:22 AM ET Text Size By: Jacob Funk Kirkegaard
Research Fellow, Peterson Institute of International Economics
No comments:
Post a Comment