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Nobel Winner Voiced Concerns About the Euro From the Outset

Posted October 10th, 2011 at 4:10 pm (UTC-5)
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Nobel prize winner Christopher Sims voiced concerns when Europe began using the common euro currency in 1999 that have proved prophetic as the continent struggles to deal with surging government debts. Sims, who won the Nobel economics prize on Monday, wrote an academic paper about what he called the “precarious foundations” of the European Monetary […]

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