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Mises.org: A Greek Tragedy in the Making

By Joshua Habben, Research & Risk Analyst | Thursday, May 13th, 2010 17:49 UTC

Excellent fundamental analysis of the financial troubles and bailouts in Europe.

The recently approved eurozone bailout package, designed to buy more time for fiscally troubled nations such as Greece, Spain, and Portugal, is nothing short of a global Greek tragedy in the making. Of course, quite contrary to this, judging by the response of global stock markets, one would get the impression that happy times are around the corner. However, those of us who understand Austrian economics and believe in free markets and sound currencies can see one more nail driven into the coffin of paper fiat currencies such as the euro, US dollar, British pound, and Japanese yen.

Read the full article on Mises.org
A Greek Tragedy in the Making



categoriaJoshua Habben commento15 Comments dataMay 13th, 2010

About Joshua Habben, Research & Risk Analyst

This author published 92 posts in this site.

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