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30 December 2012

EUROZONE : Euro 2012 Doomsdayers Say...Oops! Be Patient.

http://www.reuters.com/article/2012/12/28/us-euro-doomsayers-idUSBRE8BR05Q20121228

      The euro's dreaded Grexit didn't occur in 2012...as some predicted.
     But...for euro doomsdayers...mostly in the USA...the future still looks bleak...despite ECB chief Mario Draghi's determination to 'do whatever it takes.'
      Now...the most vocal cassandra-like economists...notably Paul Krugman and Dr Doom Nouriel Rubini...are saying...just wait.
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