Article;
http://economictimes.indiatimes.com/opinion/comments-analysis/anniversaries-do-count/articleshow/8285622.cms
Comment;
Euro is depreciating which is what exporters want. The bone of contention with the US is resolved. Even from the point of view of China, again an exporter, which demanded stronger US currency is on its way to success. Every body is returning to the point before the recession started except Greece and other in the bailout group. The time is not right for the bailout group to exit euro. Their export, if they try, may go up too with the others in the euro zone. Demand is getting pace all over the WORLD. At least inflation says so. Bailout to Greece and others is a good and/or bad idea from the point of view of inflation. Good because Greece and others are in a type of recession. They need bailouts. And, bad because it is going to increase inflation for the WORLD economy if the euro zone does not have a surplus capacity to absorb the rising demand.
http://economictimes.indiatimes.com/opinion/comments-analysis/anniversaries-do-count/articleshow/8285622.cms
Comment;
Euro is depreciating which is what exporters want. The bone of contention with the US is resolved. Even from the point of view of China, again an exporter, which demanded stronger US currency is on its way to success. Every body is returning to the point before the recession started except Greece and other in the bailout group. The time is not right for the bailout group to exit euro. Their export, if they try, may go up too with the others in the euro zone. Demand is getting pace all over the WORLD. At least inflation says so. Bailout to Greece and others is a good and/or bad idea from the point of view of inflation. Good because Greece and others are in a type of recession. They need bailouts. And, bad because it is going to increase inflation for the WORLD economy if the euro zone does not have a surplus capacity to absorb the rising demand.
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