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Thursday, August 23, 2012

The Euro Is Already a ‘Zombie Currency’: Expert


http://www.cnbc.com/id/48749975

The euro zone is currently in chaos with the euro no longer being functional and order will only be restored by giving struggling member states their currency back, according to Matthew Lynn founder of Strategy Economics.
“The euro is already dead. It no longer meets most of the criteria of a working form of money,” he said in a research note published Wednesday.

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