Tag Archives: Oskar LaFontaine

German Finance Minister Who Launched Euro, Calls For Euro’s Breakup

Posted on May 5, 2013 by DRenegade

Back in December we pointed out the patently obvious: in the absence of an external rebalancing mechanism, i.e., a free-floating currency, the only option for the bulk of the periphery to regain competitiveness was through ongoing wage collapse and persistent localized depression. Five … Continue reading →

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