Need reform the financial system, and let Greek out of Eurozone, but not shock therapy once used by Russia.
Originally shared by Will YuanNouriel Roubini's (alias Dr Doom) analysis of the Euro debt crisis is pertinent & exactly what's required:
http://www.slate.com/articles/business/moneybox/2011/09/how_to_prevent_a_depression.single.html
Though the European political ineptitude means it is most likely that the Second Great Depression is ALREADY HERE!!
http://www.slate.com/articles/business/moneybox/2011/09/how_to_prevent_a_depression.single.html
Though the European political ineptitude means it is most likely that the Second Great Depression is ALREADY HERE!!
A second Great Depression: Eight drastic policy measures necessary to prevent global economic collapse.