Wednesday, August 15, 2012

Preparing for the Euro Collapse

http://www.spiegel.de/international/business/investors-preparing-for-collapse-of-the-euro-a-849747.html

Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar's structure isn't in doubt.

Good article and worth reading.

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