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Blanchflower: A Euro Debt Default 'inevitable'

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http://www.telegraph.co.uk/finance/financevideo/yourmoneytheirhands/8541083/Blanchflower-A-euro-debt-default-inevitable.html

Former Bank of England Monetary Policy Committee member David "Danny" Blanchflower tells Robert Miller that a failure by the ECB to tackle the debt problems in the Euro zone means a default is inevitable and that the crisis could be heading through Spain to France.

Amazing the Eurozone hasn't tackled it's debt problems and all the UK has to do is have low interest rates.

Haven't listened to it, can't bring myself to do it.

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tehy have been tackling the debt problem..by issuing more debt...which, IIRC is Blanchflowers cure...ie, keep interest rates low so debt continues to increase.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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