The euro crisis has entered a new phase. The continued survival of the euro is assured but the future shape of the European Union will be determined by the political decisions the member states will have to take during the next year or so. The alternatives are extensively analyzed in the article that follows.
(Jack, you are likely to really appreciated Soros's article, I expect; some of the 'bonds' 'sovereign currency' 'financial markets' -type of vocabulary, repeated throughout the article, discusses monetary issues I was unable to comprehend ... before I read Web Of Debt, by Ellen Brown, Attorney.)
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Well, Portland's debt binge is in solidarity with the capitalism of Euros, too.
(Jack, you are likely to really appreciated Soros's article, I expect; some of the 'bonds' 'sovereign currency' 'financial markets' -type of vocabulary, repeated throughout the article, discusses monetary issues I was unable to comprehend ... before I read Web Of Debt, by Ellen Brown, Attorney.)In the NY Review of Books:
The Tragedy of the European Union and How to Resolve It, George Soros, September 7, 2012
Posted by Tenskwatawa | September 11, 2012 10:33 AM