The latest column from Ambrose-Evans Pritchard — The Telegraph’s star finance columnist — is a must read.
The title: You are all wrong, printing money can halt Europe’s crisis.
As you can surmise, he thinks the idea that fiscal discipline can save Europe is nonsense. What’s needed is an ECB that’s willing to print money and backstop the various governments.
Read more: http://www.businessi…2#ixzz1fNjriDh4