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2017-03-01 — wolfstreet.com
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five years [from Draghi's pledge to "do whatever it takes", most of the Eurozone's existential problems remain unresolved, despite the ECB having frittered €3.7 trillion (or roughly 36% of Eurozone GDP) on keeping the leaking ship -- and the region's biggest banks -- afloat.
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Mark Blyth, a professor of political economy in the U.S. who was one of very few academics who correctly guessed three of the biggest political shocks of 2017, Brexit, Trumpism and the no-vote in Italy's constitutional referendum, has warned that 2017 could even be the year that the euro ceases to exist...
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