by Bill O’Grady
(Due to the Easter holiday, the next edition will be published April 24th.)
Last week, we began our retrospective on the EU. This week we will examine the post-Cold War expansion of the EU, including a discussion of the creation of the euro and the Eurozone. With this background, we will analyze the difficulties the EU has faced in dealing with the problems caused by the 2008 Financial Crisis. We will look at several proposals being floated in the wake of Brexit about reforming the EU and, as always, conclude with potential market effects.
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