Toro
Diamond Member
- Sep 29, 2005
- 109,533
- 50,236
So the Eurozone catastrophe was because of...?
Too much debt in the periphery, inflexible exchange rates and productivity differentials.
No doubt, hiding the Greek debt was a catalyst for the European problem but its not the root cause.
Wasn't just Greece. You should read up on this.
Yeah, I know about it. I watched about half the PBS documentary and turned it off half way through because I wasn't learning anything new.