Morgan Stanley suggests that Germany should leave the euro
| Date: April 17, 2010 | Source: Sources |
| Category: Economy | |
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Loading ... The Greek debt crisis has exposed the weaknesses and anomalies of the euro , starting with not foresee a scenario of bulky default and the predominance of speculative forces. This is Europe to the brink of a chain reaction that can cause the fall of successive major economies like Portugal, Italy and Iceland. And all by having a currency that is tied up.
Therefore, Morgan Stanley has warned that to avoid a fatal chain of events, the most practical is to request a withdrawal from Germany of the euro, since it is the axis of conflict. In a recent article , I made a comparison of debt dispute between China, U.S., Germany, Europe. If the U.S. pressure on China to revalue the yuan, why not press Europe to Germany to get out of the euro and revalue its own currency?
Follows more closely the original source of this post here .
