Sunday, June 6, 2010

Euro's Demise Predicted

The Sunday Telegraph of the U.K. has published the results of a survey of London economists and the most interesting finding is this:
Of the 25 leading City economists who took part in the Telegraph survey, 12 predicted that the euro would not survive in its current form this Parliamentary term, compared with eight who suspected it would. Five declared themselves undecided.
Of course, it may be that Brits are trying to justify the U.K. choosing to stay out of the Euro zone.