03 December 2011

EUROZONE: Big Banks Running Euro Death Scenarios.


     Have you ever wondered what would happen if the euro suddenly dried-up and died?
     It seems that all the big banks are running scenarios...resulting in some very gloomy predictions.
     "It's like unscrambling eggs," said a global broker. "There are so many what-ifs in the analyses and no clear mechanism to lead us to a particular outcome… it's more analysis than action."