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Woodshedder
Joined Nov 11, 2007
31,929 Blog Posts

Austerity Reigns Over Euro Zone as Crisis Deepens

Woodshedder Mon Jan 2, 2012 10:44am EST Comments Off on Austerity Reigns Over Euro Zone as Crisis Deepens

“Every government in Europe with the exception of Germany is bending over backwards to prove to the market that they won’t hesitate to do what it takes,” said Charles Wyplosz, a professor of economics at the Graduate Institute of Geneva. “We’re going straight into a wall with this kind of policy. It’s sheer madness.”

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