Monday, March 4, 2013

Larry Hatheway — Understanding Europe's "Austrian" Solution - The 'Merkel-Draghi' Wager


Explains the EZ dynamic based on "purging inefficiency and increasing competitiveness" aka cramming down labor. Why the eurocrats think it is working.

Zero Hedge
Understanding Europe's "Austrian" Solution - The 'Merkel-Draghi' Wager
Larry Hatheway | Managing Director, Chief Economist & Chief Strategist at UBS Investment Bank



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