The Crack-Up of the Eurozone Detailed in One Chart

http://freedomwat.ch/wp-content/uploads/2012/11/FIGURE3401.png

“Keep in mind that Greece is in such bad shape that it didn’t even make this chart. Only Germany of the Eurozone Big 5 is showing positive industrial production [growth] over the last 7 plus years.   Germany will not be able to bail everyone else out. It comes down to European Central Bank money printing which will result in a devalued euro, making the debt easier to payoff in the cheaper euros, or it is collapse of the Eurozone.”

http://www.economicpolicyjournal.com/2012/11/the-crack-up-of-eurozone-detailed-in.html

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