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Sinn: The Euro Crisis Is Not Solved

In 2012 austerity, the commitment of ECB and Fed and the weak euro helped to reduce government bond spreads, current account and partially fiscal deficits. The euro zone has possibly won the war. Now the weak countries need to win the peace, namely generate growth via competitiveness says Hans Werner Sinn in FAZ. And this with a strong euro.

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George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
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Permanent link to this article: https://snbchf.com/2013/01/sinn-the-euro-crisis-is-not-solved/

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