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Eurozone falling chickens choice internal or external devaluation

by Private Banker/Portfolio Manager at P&C Global Wealth Managers on May 21, 2012

  • 393 views

The political and economic backround in Europe is awful and no good choice is left to solve the huge imbalances between countries: external or internal devalutation....

The political and economic backround in Europe is awful and no good choice is left to solve the huge imbalances between countries: external or internal devalutation.

Whatever the route followed it will translate into a fall in standard of living of Europeans. The path followed by European politicians for the past 4 years has led to a dead end and they will soon have to decide which of two tough routes to follow..

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Eurozone falling chickens choice   internal or external devaluation Eurozone falling chickens choice internal or external devaluation Document Transcript