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

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.
Comments (4)
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    This isn't already happening?
    10 May 2012, 08:11 PM Reply Like
  • The Patriot
    , contributor
    Comments (323) | Send Message
     
    Doesnt count unless its official : )
    10 May 2012, 08:19 PM Reply Like
  • Hendershott
    , contributor
    Comments (1558) | Send Message
     
    A truly German solution.
    10 May 2012, 08:31 PM Reply Like
  • sethmcs
    , contributor
    Comments (3280) | Send Message
     
    For what its worth I have been saying the same thing since the euro crisis started.
    11 May 2012, 01:14 AM Reply Like
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