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Home Moneta Blog Eurozone is doomed.

Eurozone is doomed.

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An excellent article here from Mish Shedlock:

Junker Throws Hissy Fit, Lashes out at US and Japan; Merkel Toes the Trichet Line, Warns Against Inaction.

It is something we follow very closely, it is often hard to accept facts that do not gel with ones own view, but however way you look at it, the eurozone is doomed.

It may take years, even decades to die, but it is dysfunctional, broken and no matter what the politicians do (a war?) it has lost all credibility.

 

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