Why the Eurozone is destined to fail

By Bill Mitchell

5 Responses

  1. I hope Draghi will be able to force Germany to enable Bce to Print like Fed/Boj.. he will use panic selling to obtain this permission by October 2014 when Ltro3 expire..

    Mitchell suppose an inertia trend without Human Change..
    I think Mitchell’s analisys is correct if Draghi fail..

    see below another related news..

    cordiality

    Piero from Italy

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    IMF’s Blanchard: Debt situation in US, Japan as bad or worse than in Europe ( May 3, 2012 )

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      1. @roger erickson,

        no..

        from now to 2014 a series of managed growing panic wave will force step by step higher Bce flexibility..

        this is what I hope..

      1. @WARREN MOSLER,

        maybe..

        US up with wave until Nov. to thank Obama that didn’t have put real limit to Wally Boys (and to place FaceBook = Fee)..
        Eu more scientific panic then US..

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