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Will Euro Kill Euro Zone Recovery?

From cnbc.com

Who would have thought that a speech about a bumblebee could have such an effect? When European Central Bank President Mario Draghi gave that speech last July ("The euro is like a bumblebee. It shouldn't fly but instead it does") — and of course, also pledged to do "what it takes" to preserve the euro — he started in motion a rally in the common currency that has only accelerated in recent weeks. And for the past several weeks, the prospect of aggressive monetary easing in Japan has sent the euro rocketing higher against the yen, rising more than 11 percent so far this year. All this begs the question of whether ... (full story)

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