The European Crisis in Chart Format

20 October 2011
by: Lenore Hawkins, Chief Macro Strategist
in: Elle's Economy
Tags: Dan Mitchell, Debt Crisis, eurozone
note: no comments

My friend Dan Mitchell posted this fantastic graphical description of the potential outcomes for the European sovereign debt crisis on his blog, International Liberty. It was just too good to not share!

Dan believes that the middle column is the best approach because, “it would have a sobering effect on other European nations that would like to mooch off the European Union (German taxpayers) or the International Monetary Fund (American taxpayers).”

About the Author

Lenore Hawkins, Chief Macro Strategist
Lenore Hawkins serves as the Chief Macro Strategist for Tematica Research. With over 20 years of experience in finance, strategic planning, risk management, asset valuation and operations optimization, her focus is primarily on macroeconomic influences and identification of those long-term themes that create investing headwinds or tailwinds.

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