The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP
The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Euro set to meet its nemesis in 2017 as ECB’s cheap money runs dry

Fears about asset bubbles forming will only harden Germany’s resolve to stop monetary overkill as soon as possible

The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP
The euro, used by nearly 340 million people each day, celebrated its 15th birthday on January 1, 2017. Photo: AFP
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.