Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › Only a closer union can save the eurozone
This topic contains 7 replies, has 6 voices, and was last updated by Anonymous 8 years, 7 months ago.
-
AuthorPosts
-
June 29, 2010 at 7:53 am #55716
Facinating piece in the FT about the future for the Eurozone.
Let’s hope he is wrong, though I fear he is right.
By Wolfgang Münchau
Published: June 27 2010 19:52 | Last updated: June 27 2010 19:52
I was speaking recently to a group of investors who forced me – all but at gunpoint – to tell them how long I thought the euro would last. I normally prefer conditional forecasts but, in this case, I was asked to make an unqualified prediction. And so I yielded. My answer was that the eurozone would probably not survive the decade in its current form. As it turned out, I was the most optimistic person in the room, by far.
Read rest of article at FT: Only a closer union can save the eurozone
-
June 29, 2010 at 10:46 am #99374
On the Saturday of the first May Bank Holiday, we listened to a guy being interviewed by Jeremy Vine about currency/euro. (American I think) He was obviously well known for his financial predictions but I didn’t catch his name. He said the Euro would be non existant within 10 years.
He is renowned for his accuracy in forcasting financial markets. I tried looking for the interview on the BBC website but failed to find it.
Time will tell, whatever the pundits say. -
June 29, 2010 at 6:06 pm #99383
It’s all part of the MASTERPLAN!
President Blair anyone?
-
June 29, 2010 at 9:07 pm #99386
Claire, I think his name is something Ruben, Robbin or Robenio*, he was the one who predicted the credit crises. two or three years before the s..t hit the fan.
* no I am not suffering from football over kill.
-
June 29, 2010 at 9:42 pm #99389
Roubini.
I think you mean Nouriel Roubini and yes he is credited with being one of the only people to have forseen the Meltdown. -
June 29, 2010 at 9:42 pm #99390
@Claire wrote:
On the Saturday of the first May Bank Holiday, we listened to a guy being interviewed by Jeremy Vine about currency/euro. (American I think) He was obviously well known for his financial predictions but I didn’t catch his name. He said the Euro would be non existant within 10 years.
He is renowned for his accuracy in forcasting financial markets. I tried looking for the interview on the BBC website but failed to find it.
Time will tell, whatever the pundits say.It is called Nouriel Roubini and he was lucky…
-
June 29, 2010 at 9:48 pm #99391
Thanks adian. I was close enough.
-
June 30, 2010 at 6:37 am #99394
Thanks guys! You are a fountain of knowledge. 🙂
-
AuthorPosts
The forum ‘Real Estate Topics, News & Discussion’ is closed to new topics and replies.