Lessons from History for the Eurozone Crisis
July 13, 2014 at 06:39 AM EDT
The European Monetary Union is unprecedented, but the Eurozone Crisis is not. This column draws upon the experiences of previous banking crises, and compares the Eurozone Crisis countries. Like Japan before the 1992 crisis, Spain and Ireland had property bubbles fuelled by domestic credit. The Greek crisis is very distinct from crises in other Eurozone […] View the full post at: Lessons from History for the Eurozone Crisis Related posts: Global Nominal Spending History Troubles in the Eurozone: Is a Conflict with the U.S. Far Behind? Could an Early Warning System Have Predicted the Financial Crisis?
