Failed Discipline, Failed Reforms And Grexit: Why The Euro Failed

by Tyler Durden
ZeroHedge.com
02/17/2015

It’s not that difficult to understand why the euro is doomed to fail. Given its structure, there is no other possible outcome but failure. Greece’s exit (Grexit) will simply be the first manifestation of the inevitable structural failure of the euro. To understand why this is so, we have to start with two forms of discipline: the market and the state.

The Rest…HERE

This entry was posted on Tuesday, February 17th, 2015 at 3:07 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.