Wednesday, November 23, 2011

Good-bye Euro.

For the past two years I have been tracking the resilience of the structure of the European economy. Based on data published by Eurostat (24 macroeconomic indicators per country on a quarterly basis) we are able to actually measure the resilience of each single country as well as of the entire system of 27 member states. Since the situation has been getting worse from quarter to quarter, it has become apparent that we should attempt to estimate when the system will actually collapse. The result is approximately:

Q3 2013

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