Posted on 27 November 2011. Tags: Accomplice, Debt Crisis, Debt Level, Euro Zone, Finns, Funeral Announcement, Gdp, Geert Wilders, Government Debt, Henry Luce, National Elections, Political Clout, Political Tensions, Politicians, Public Resentment, Sovereignty, Time Magazine, Time Research, United Europe, Whittaker Chambers
Time has what is yet another funeral announcement for the euro: Investors aren’t convinced Europe’s politicians have the will, ability or political clout to push through such excruciating fiscal adjustments, at least not in any reasonable period of time. Research firm Capital Economics figures that even with reform, Italy will still need two decades to [...]
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