Adios, Euro

May 2012
Moderate Voice;5/14/2012, p1
Blog Entry
The article offers forecasts from American economist Paul Krugman regarding the European economy in 2012 and beyond. It states that Greek euro will exit, possibly in June 2012. It predicts that big draws on European Central Bank (ECB) credit will keep the banking industry from collapsing. Krugman says that people should restore the types of protections that provide them with several generations with no major banking panics.


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