23 May 2010

EUROZONE: On The Road To Economic Serfdom.

BASELINE SCENARIO/ OPINION:
 Economists Peter Boone and Simon Johnson/

"The market is telling them (EU leaders) that their euro rescue schemes make no sense, and the market is probably right." And..."Unfortunately, there is no leadership today in Europe that could take such decisive actions, so Europe will only reform itself dragged kicking and screaming through successive crises until the current, and many ensuing, problems are resolved."