Jason Broomer, head of investment at Square Mile Investment Consulting & Research, asks what can be done to stop the euro from driving the European Union towards breaking point.
Followers of my blog will be aware that I am no great fan of the European experiment (or at least the way it is being sold to the European electorate). The euro was fatally flawed from birth and we should take care never to forget this. The rather ponderous title of this blog has been taken from a new book written by a no less an authority than Nobel laureate Joseph Stiglitz. The eurozone operating with a fixed exchange rate and single interest rates causes enormous imbalances that are very difficult to correct. European investors pile into fixed income and EMs post-Brexit Quit...
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