How Bad Ideas Worsen Europe’s Debt Meltdown: John H. Cochrane – Bloomberg
 Bloomberg |
How Bad Ideas Worsen Europe's Debt Meltdown: John H. Cochrane
Bloomberg Europe is as full of bad ideas as it is of bad debts. Conventional wisdom says that sovereign defaults mean the end of the euro: If Greece defaults it has to leave the single currency; German taxpayers have to bail out southern governments to save the … GLOBAL MARKETS-Banks give Europe shares a lift, US data eyed European Bank in Strong Move to Loosen Credit GLOBAL MARKETS: Europe Stocks To Start Tad Up; ECB Move Still In Focus |
