by George Dorgan
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Charles Wyplosz, Professor of International Economics, Graduate Institute, Geneva repeats our arguments in “Who says No to Austerity, Says Yes to the Northern Euro“ about the impossibility of getting out of the common currency – recession – austerity – cycle. Similar as we do, he proposes a public debt haircut, an end of austerity and a decentralization of remaining debt. We go one step further, we want to break not only austerity but also the current form of the common currency. Read more on Prof. Wyplosz entry on VOX.
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Tags: austerity,competitiveness,Eurozone,Greece,Italy,leave,neuro,Northern Euro,optimum currency area,recession,seuro
