EURDEMOCRACY

Archives for Exchange Rate Mechanism

‘The euro crisis could lead to the destruction of the European Union,’ announced George Soros on 23 June 2010 in Berlin. Is the Hungarian investor/ economist right? He was right in 1992 that the British Pound Sterling was going to have to devalue by dropping out of the European Exchange Rate Mechanism (ERM). He made… » read more

Posted by David Heilbron Price