Liteforex-rebate.blogspot.com Euro-Doomsday Scenario: Europeans brace for worst
German Chancellor Angela Merkel has once again been giving assurances the EU is on the road to recovery. But it seems many Europeans themselves remain unconvinced, and are bracing themselves for an economic doomsday. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark. Video Rating: 4 / 5
The End of the Euro: The Uneasy Future of the European Union
The End of the Euro begins with an overview of the birth of the euro itself. Understanding this history is essential to understand the anomalies built into the project from the beginning. These anomalies form the subject of chapter two, along with how they led to the situation that turned Greece, Portugal, and Spain into euro-destroying economic disaster areas. Chapter three shows how this was not an unforeseeable situation, as Europe’s history is filled with earlier failed attempts to build monetary unions. Chapter four is focused on Germany, by far the most important country within EMU, and why the chances of Germany leaving the union are much higher than is generally assumed. The book concludes with an analysis of what lies in wait for the remains of the monetary union — and for a deeply divided and troubled continent in general. Either the EMU transforms itself fundamentally or it disintegrates.
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