Monday , December 23 2024
Home / Mike Norman Economics / Steve Keen – ‘The Euro is a suicide pact’

Steve Keen – ‘The Euro is a suicide pact’

Summary:
The British Pound is overvalued because the City of London is the worlds money laundering centre, says Steve Keen. Britain thought it could do away with manufacturing and export service industries instead, but it hasn't worked out. Steve keen says the UK would be better off with a fall in the Pound to revive manufacturing. [embedded content]

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Andreas Cervenka och den svenska bostadsbubblan

Mike Norman writes Trade deficit

Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.

Lars Pålsson Syll writes Debunking the balanced budget superstition

The British Pound is overvalued because the City of London is the worlds money laundering centre, says Steve Keen. Britain thought it could do away with manufacturing and export service industries instead, but it hasn't worked out. Steve keen says the UK would be better off with a fall in the Pound to revive manufacturing.

  
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *