The euro-like shared-currency project proposed by Brazil and Argentina is a"terrible idea", according to Nobel Prize-winning economist Paul Krugman.
"I don't know who came up with this idea, but it surely wasn't anyone who knows anything about international monetary economics," Krugman said in a Twitter
according to an expert at this the two countries are creating a time bomb that will destroy the both of them unless they start being major trade partners amongst themselves, then the idea will work.
You know how you know something is a great idea? Krugman says it's a bad idea.
lula is ridiculous!
mtac79
Bad idea for whom ? USA ?
Brilliant idea!
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
See Musk's 11 cameos: 'South Park' to 'Rick and Morty'Elon Musk has been in several TV shows and movies over the years. See his 11 cameos from 'South Park' to 'Rick and Morty' bet a bunch of them regret that now
Source: BusinessInsider - 🏆 729. / 51 Read more »