Could 2022 Bring the Collapse of the Euro?

by Alasdair Macleod via Mises Like the Fed, the ECB is resisting interest rate increases despite producer and consumer prices soaring. Consumer price inflation across the Eurozone was most recently recorded at 4.9%, making the real yield on Germany’s 5-year bond minus 5.5%. But …

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Collapse begins on the outside with the weakest and moves to the center and strongest

https://www.reuters.com/markets/commodities/yemen-replaces-central-bank-governor-deputy-governor-amid-currency-collapse-2021-12-06/ Yemeni President Abd-Rabbu Mansour Hadi replaced the central bank governor and deputy governor on Monday amid an unprecedented collapse in the local currency. The Yemeni state news agency SABA, quoting a presidential decree, said Ahmed bin Ahmed Ghaleb Al-Maabqi …

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