The black swan event whose consequences are totally unknown -- but likely very bad

May 2012
In Search of the Perfect Investment;5/16/2012, p1
The article analyzes the financial and economic crisis faced by the European Union (EU) and it currency euro. The Governor of the Bank of England Mervyn King has issued a statement in which he has warned that euro crisis is going to get worse. It is stated that, EU countries like Spain, Italy, and France are facing economic crisis and due to the single currency euro they can't devalue the currency and start all over again.


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