It’s Time To Short The EURO!

France is heading for it’s winter of discontent which means it’s time to short the EURO. This is what Tim Treadgold, a Forbes contributor argues in his recent article. This is what Tim argues: Not only is Europe teetering on the edge of recession, if it is not already moving in reverse, but political, economic and social pressures are rising towards a re-run of the 1979 crisis which swamped Britain in what became known as that country’s “winter of discontent”.  Tim Treadgold thinks that the French economy is headed for a collapse as witnessed by the Purchasing Manager Index drop to a 4 month’s low with more political and social unrest to come.

0 Comments