- Economy
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- Nov 07, 2020
Barry Eichengreen Quotes
Most Famous Barry Eichengreen Quotes of All Time!
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- Last Updated on May 30, 2021
- Collapse
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- Nov 07, 2020
Across the continent, political divisions are deepening. For all of these reasons, the specter of a euro zone collapse has not been dispatched.
- Chaos
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- Nov 07, 2020
The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath.
- Question
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- Nov 07, 2020
As for the single market, the E.U.'s landmark achievement, there is no question that a euro zone breakup would severely disrupt its operation in the short run.
- Every Day
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- Nov 07, 2020
Every day it seems more likely that we are destined - or should one say doomed? - to replay the disastrous economic history of the 1930s.
- Decide
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- Nov 07, 2020
Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union.
- Forward
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- Nov 07, 2020
The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.
- Crisis
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- Nov 07, 2020