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  1. avatar
    AllegraBrigata at |

    Noted American economist Nouriel Roubini warned  from the total collapse of the euro-zone if funding to Greece gets suspended after the June 17 elections, Bild-Zeitung reported. 

    “If the funding to Greece stopped, the country will collapse and many investors will get into panic. Then, a run on the banks in Portugal, Spain, and Italy will take place. Who pulls the plug on Greece will in turn provoke a total collapse of the euro-zone,” the report quoted him as saying.

    To avoid this dramatic end, Mr. Roubini recommended either providing financial support for an orderly exit or keeping Greece in the euro-zone, while it continues to build its economy for the next 20 years or so; the two solutions will be cheaper for Germany than the breakup of the euro, he added.

    On the EUR exchange rate, his view is that the Southern european economies would be more competitive if the single currency trade at par against the US dollar, according to the report.

    da: http://www.efxnews.com/story/13025/roubini-warns-total-collapse-euro-zone-after-greeces-elections 

    DR DOOM COLPISCE ANCORA 😀 😀 😉 

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    1. avatar
      AllegraBrigata at |

      A furia di gridare al lupo al lupo…

      F.

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