News1 min ago
Everything Is Looking Rosy In The Eurozone
https:/ /www.ms n.com/e n-gb/mo ney/oth er/euro zone-in -freefa ll-as-e u-curre ncy-hit s-new-2 0-year- low-eur o-now-w orth-le ss-than -dollar /ar-AA1 0ZsVe?o cid=win p1taskb ar& cvid=36 7d8b6e1 c544eee df69a9d ae9c58e 23
https:/ /www.ms n.com/e n-gb/mo ney/oth er/euro -tumble s-to-a- 20-year -low-as -busine ss-acti vity-sl umps/ar -AA111d Q9?ocid =winp1t askbar& amp;cvi d=e8ed7 94442a5 4e8bde9 b33f576 bfd54f
From the first link.
\\Earlier this month, EU critic Eric Noirez warning that the euro has "reached the end of its tether".
He told Express.co.uk: "The situation in the Eurozone is dramatic, not to say desperate.
"We have record inflation, a record trade deficit, record national debts, continuing deindustrialisation, growth still at half-mast and, finally, an increasing loss of confidence of investors and economic actors.
"The euro is a system that has reached the end of its tether.//
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From the first link.
\\Earlier this month, EU critic Eric Noirez warning that the euro has "reached the end of its tether".
He told Express.co.uk: "The situation in the Eurozone is dramatic, not to say desperate.
"We have record inflation, a record trade deficit, record national debts, continuing deindustrialisation, growth still at half-mast and, finally, an increasing loss of confidence of investors and economic actors.
"The euro is a system that has reached the end of its tether.//
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No best answer has yet been selected by webbo3. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Just noticed this thread Webbo. I have posted a couple of likns in the last few days on the very subject. They belong here.
https:/ /www.ms n.com/e n-gb/mo ney/oth er/sing le-curr ency-in -crisis -the-ec b-is-ca ught-be tween-a -rock-a nd-a-ha rd-plac e-ahead -of-cru nch-rat es-deci sion-sa ys-magg ie-paga no/ar-A A110Iqx ?ocid=m sedgdhp &pc =U531&a mp;cvid =290bd0 fcc7424 1f39695 01401f7 4c9f6
https:/ /www.ms n.com/e n-gb/mo ney/oth er/germ any-and -france -have-d riven-e urozone -into-r ecessio n-econo mists-w arn-liv e-updat es/ar-A A10YPuV ?ocid=m sedgdhp &pc =U531&a mp;cvid =9ed1b8 547aa84 1ab8d5e b825200 04617
https:/ /www.ms n.com/e n-gb/mo ney/oth er/euro -falls- below-p arity-w ith-the -dollar -what-s -the-im pact/ar -AA10Zu FK?cvid =66f212 4ad1674 3dea9d3 210216d 4aa5d
https:/ /www.ms n.com/e n-gb/mo ney/oth er/end- of-the- euro-cu rrency- a-trap- closing -in-and -will-e xplode- recessi on-warn ing/ar- AA107Dx 5?li=AA nZ9Ug
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Eric Noirez's description could fit the UK (and many other countries at the moment) quite well too!
Having a strong currency isn't always such a good thing anyway. It helps to keep the prices of imported goods down but it can make exporting products extremely difficult. If a country (or economic zone) wants to boost its exports (which, in turn, can boost employment), it needs a weak currency, not a strong one.
Having a strong currency isn't always such a good thing anyway. It helps to keep the prices of imported goods down but it can make exporting products extremely difficult. If a country (or economic zone) wants to boost its exports (which, in turn, can boost employment), it needs a weak currency, not a strong one.
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