“Rapidly Becoming Untenable” – Eurozone Finances Have Deteriorated
By Tyler Durden, Authored by Alasdair Macleod via GoldMoney.com, Despite negative interest rates and money printing by the European Central Bank, which conveniently allowed all Eurozone member governments to fund themselves, having gone nowhere Eurozone nominal GDP is even lower than it was before the Lehman crisis. Then there is the question of bad debts, which […]
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