Wednesday, 21 January 2009

The Collapse Of The Euro Area

click here to go to the blogCries of pain are emanating from all corners of the highly indebted eurozone, as governments in Ireland, Spain, Italy and Greece career ever closer to default. The euro is a common currency between 'our' countries, they say, and so those countries' governments should all stand or fall together, and issue debt linked together, guaranteed by all governments of the eurozone acting as one.

Posted on The Tap Blog