Monday, February 13, 2012

More on Greece's debt.

What's that I just read?  A conservative-minded economist suggesting that austerity isn't working for Greece, and that it all stems from the Euro currency?

Why yes it is!

"Germany’s whole economic policy is premised on a euro that is overvalued for the Mediterranean states but undervalued for Germany, Holland and a few others." 
Peter Morici for Fox News.

Heck, all free market economists should be agreeing on this: Greece needs to exit the Eurozone to save itself from Angela Merkel Germany -- something I wrote about just yesterday, and a few months back.

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