Tag: European debtSort
Europe Needs to Print Money to Save the Euro Currency
The eurozone is rapidly running out of choices. If the currency is to be saved, Europe will need a single fiscal authority and a willingness to print money.
With each passing day, markets seem to get wilder and woollier.
This is only natural after a long, calm stretch. Volatility expands and contracts like an accordion. Mildness begets wildness and so on.
How will the never-ending eurozone crisis finally end? All roads lead to the printing press...
Recently. I have said, "watch the bond market." The action in U.S. Treasury bonds makes for a good risk barometer. If bond prices rise and yields fall, that means "risk off" is back on the menu.