Saturday, February 26, 2011

'Back to the dollar'

BookValue
Bust: Greece, the euro, and the sovereign debt crisis
Matthew Lynn
The short message of Matthew Lynn in Bust: Greece, the euro, and the sovereign debt crisis is that the euro is finished. Stating that the fault-lines exposed during the Greek crisis were too severe to be fixed and certainly not by the ramshackle rescue package cooked up in Brussels over the trillion-dollar weekend, he adds that it would be better for the system to be broken up wholesale rather than just for Germany to leave.

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