Wednesday, April 17, 2013i hate the lecturer teaching us investing
Stupid lecturer , don not know how to teach
Teach us for the sake of teaching!
The Tragedy of the European Union and How to Resolve It - George Soros
Saturday, March 23, 2013
http://www.georgesoros.com/articles-essays/entry/the_tragedy_of_the_european_union/
Salve!
A recent article by George Soros was "The Tragedy of the European Union and How to Resolve It"
It's a really wonderful and amazing way of analyzing the situation and the roots of the problem
George Soros is amazing!!
The linkabove is the link to the webpage where your can read it.
It is an essay written by George Soros where he talks about how ECB reacted to the recent crisis and what Germany could do. It also metioned that "if Germany chose to behave as a benevolent hegemon.
That would mean
1) establishing a more or less level playing field between debtor and creditor countries and
2) aiming at nominal growth of up to 5%, in other words, Europe must be allowed to grow its way out of excessive indebtedness. This will require a temporarily higher level of inflation than the 2 percent that is currently targeted by ECB. "--George Soros
and whether germany choose to lead or leave , it would be a better option that persisting on what they are doing now.
However to fully understand , it would be best if you could read the whole article and analyze it for yourself.
Vale!
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