Gonzalo Lira: Spain Will Exit The Eurozone First—This Year

Since then, I have changed my mind: I no longer think that a small country will exit the eurozone first, followed by one of the bigger countries.

I now think that Spain will exit the eurozone first—precipitously and without warning—and that the impact on the euro will be much more sudden and dramatic than I had earlier thought.

via Gonzalo Lira: Spain Will Exit The Eurozone First—This Year.

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