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David Howden on the Euro

March 31, 2013 in Economics

By Mark Thornton

David Howden is interviewed on the GoldMoney show with Andy Duncan.

“Howden thinks that the Euro will hold together in the short term, but he is rather pessimistic on the long term outlook of the common currency. One at a time countries which were formerly regarded as “stable” are being dragged into the debt hole. Though he assesses the problems in the United States to be even greater than Europe’s, he points out that whenever Euro fears start to creep up the US is benefiting due to the depth of its Treasury market.”

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Source: MISES INSTITUTE

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