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Currency Crash: ‘No solution to crisis – too late to save euro’

Posted By admin On December 3, 2011 @ 7:59 am In Money Watch | Comments Disabled

RT [1]
December 3, 2011

The person essentially in charge of Europe’s purse strings says there is no easy fix to the Eurozone’s debt crisis and finding a solution will take years. German Chancellor Angela Merkel said the region needs a new financial union with stronger controls and debt regulations. Economic analyst Michael Mross, says he agrees with the EU monetary chief, who warned the Eurozone is running out of time to tackle its debt.

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URL to article: http://www.prisonplanet.com/currency-crash-no-solution-to-crisis-too-late-to-save-euro.html

URLs in this post:

[1] RT: http://www.youtube.com/watch?v=Aj2Njw-AfpQ&list=UUpwvZwUam-URkxB7g4USKpg&feature=plcp

[2] Euro in danger as the Greek crisis deepens and Merkel admits currency is at risk: http://www.prisonplanet.com/euro-in-danger-as-the-greek-crisis-deepens-and-merkel-admits-currency-is-at-risk.html

[3] Euro Zone Agreement Only Partial Solution: IMF: http://www.prisonplanet.com/euro-zone-agreement-only-partial-solution-imf.html

[4] Currency Crisis! So What Happens If The Dollar And The Euro Both Collapse?: http://www.prisonplanet.com/currency-crisis-so-what-happens-if-the-dollar-and-the-euro-both-collapse.html

[5] Currency Killers: Dollar, euro going down: http://www.prisonplanet.com/currency-killers-dollar-euro-going-down.html

[6] Traders splash £5 billion betting against the euro as the single currency falters amid debt crisis: http://www.prisonplanet.com/traders-splash-5-billion-betting-against-the-euro-as-the-single-currency-falters-amid-debt-crisis.html

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