The European Central Bank will have to devalue the euro at some point, says Wharton's Jeremy...

|By:, SA News Editor

The European Central Bank will have to devalue the euro at some point, says Wharton's Jeremy Siegel. Faced with a sovereign debt crisis that just won't go away despite aggressive efforts to shore up the problem, the ECB has been unable to find the right formula to assuage fears of further contagion. The one obvious solution to helping the troubled nations, Siegel says - a devaluation of the euro.