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Expert: mutual support between the countries collapsed economically behind the decline in the euro
On: Wednesday 1/4/2012 9:22
□ Baghdad / economic-term follow-up
attributed the economic expert Bassem Jamil Anton cause of the decline and fall of the euro to increase the mutual support between the countries collapsed economically, in addition to the invasion of the Chinese economy of all nations.
and said Anton (for the Agency news):
The most important reasons why the euro is to support the declining economically failed states to each other by the large number of wars is produced by increased unemployment, caused by a weakness in the European economy, pointing to the entry of goods and Chinese goods to most countries of the world. He added that the weakness of the euro and the dollar due to a decline in agricultural production in the world and turning sections of it into biofuel and energy, in addition to the increase in unemployment and lack of demand for commodities and goods has created a kind of recession and that economic issues are essential to the inflation of money.
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