Thursday, Jul 08, 2010
EMU break-up risks global deflation
Daily Telegraph: EMU break-up risks global deflation shock that would dwarf Lehman collapse, warns ING
Oh what to do with my ever dwindling savings......
Perhaps a one World currency would make things simpler.....
Posted by tom101 @ 10:48 AM (401 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Rental John said...
I'm surprised there are no comments on this topic yet....so will get the ball rollin.....
The stresses within the Eurozone can't be contained, and the ultimate will happen - either a two tier Eurozone, or total fracture and a rerturn to national currencies...but then how is all the Euro based debt to be dealt with? The there is all the cross-border banks exposure.....holy SH1T!!!!
Financial Apocalypse?