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“The euro is the biggest threat to peace and prosperity in Europe in modern times,”

Sunday, November 4, 2012 13:11
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Irish Independent -

THE euro currency will be extinct within a decade, economists have claimed at the annual ‘Kilkenomics’ festival.

One of the hottest tickets of the year, the annual gathering in Kilkenny saw some the world’s top economic brains, including UCD Professor of Economics Karl Whelan, paired with stand-up comedians to debate the future of the euro.

American lawyer and former bank regulator Bill Black last night agreed the euro currency would not exist in 10 years’ time. “The euro is the biggest threat to peace and prosperity in Europe in modern times,” Mr Black warned before a packed house at the Ormonde Hotel, Kilkenny.

Accountant Cormac Lucey warned the currency was at a crossroads.

Irish Independent columnist and economist David McWilliams said Greece would become a type of Gaza Strip situation — with the country an extremely poor part of Europe.

Read More: independent.ie

2012-11-04 13:01:30

Source: http://www.oneworldchronicle.com/?p=7543



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