On 06.07.12, In Executive Education - Seminars - Workshops & Conferences -, French Politics - European Politics - World Politics - Business & Finance - International Economics & Public Diplomacy -, by Philippe-Henri Latimier du Clésieux
EURO MATTERS FOR GROWTH.
ANY CURRENCY PROVIDES CRITICAL SERVICES.
TO THE EXTENT THAT A CURRENCY PERFORMS WELL, THE RELEVANT ECONOMY TENDS TO GROW FASTER.
TODAY, A THREE-SPEED EURO INVOLVING 3 DISTINCT BUT RELATED CURRENCIES WOULD PREVENT THE CHAOS OF A MESSY IMPLOSION AND A RUSHED REINTRODUCTION OF MANY CURRENCIES.
NO BIG DEAL IF THE ECB SPLITS IN 3 TO MANAGE THE 3 CURRENCIES.
NO WRITE-OFFS, INDEED : SOVEREIGN DEBTS RESCHEDULING WOULD BE MONITORED ACCORDINGLY.
TIME TO THINK POSITIVELY ABOUT IT !
ALL WE NEED IS 3 GROUPS OF COUNTRIES WITHIN THE EUROZONE….
PHLDUCX
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