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Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.

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Thursday, June 30, 2011

New European currency bloc needed

In March 2010 I penned a blog article suggesting that the southern European countries - Greece, Italy, Spain and even Portugal - which are struggling with high debts - should form their own currency bloc. Its gratifying to see Warren McGibbin, director of the Reserve Bank of Australia (RBA), draw the same conclusion. You can read his justification here. Might I suggest a name for this new currency - the drip - to acknowledge the 'slow leak'.
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Andrew Sheldon www.sheldonthinks.com

3 comments:

lester tarry said...

I really can not understand that why the countries bloc their currency. To do the the European countries can face the many problems in future.
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