Finally time to sell the euro...this is the beginning of the end of the uptrend.
Italy: A Sustained US Recovery Will Make a Eurozone Split Up Possible
We reckon that a sustained US recovery will make it possible that the eurozone splits up. Today’s Italian elections are maybe the start of an upcoming Italian euro exit. One of the most famous financial blogs, Mish’s Global Economic Trend, argues that an Italian euro exit might be best for the country: Greece should have taken this path four years and Spain two years ago. The polls show that Berlusconi and the anti-euro party of Beppe Grillo are on the rise. The Italian’s hate against the financial oligarchy and their friends, the European leaders and German exporters and politicians, is getting bigger and bigger each time some of ... (full story)
- Posted: Feb 24, 2013 6:57pm
- Submitted by:Category: Fundamental AnalysisComments: 5 / Views: 1,386