21 Nov 2011
Irish Expert Eddie Hobbs Says the Euro’s Future Looks Bleak
Economics, Eddie Hobbs, Euro, European Union
“The core problem underneath all of this, when you whittle it down, is that we simply are not getting enough growth in the developed world economies to pay our way out of all the debts that those economies have built up by making promises that are undeliverable to public sector workers.”
Hat tip to John Derbyshire.