Economist Philipp Bagus on Ways to Exit the Stage of the Euro Tragedy

 

CapitalAccount on Jan 6, 2012
 

 

While the euro continues its downwards spiral that it has been on since mid-october, europe’s politicians and technocrats are talking about how debt-stricken countries can stay in the euro…merkozy will come together for a meeting Monday, and we may have a hint of what that meeting will look like from a popular web video of the two of them that has gone viral on the internet. What do the Germans have to say about this, as well as euro membership? Well, we bring in German economist, Philipp Bagus to tell us what he thinks. He is professor of economics at University Rey Juan Carlos in Madrid, and one of the keynote speakers at the EFD group on a strategy for exiting the euro put together and promoted by UKIP leader, Nigel Farage. Philipp Bagus is also author of, “The Tragedy of the Euro,” so he isn’t exactly a fan of the europroject. He also speaks to us about solutions — ways that countries can exit the euro in the best way possible.

 

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  4. Help Ireland or it will exit euro, economist warns
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