Many economists and the Anglo-Saxon financial gurus have been killing the euro month after month since early 2010. But, even if their doomsday predictions have miserably failed so far, their negative influence over the markets can not be neglected. By Fernando Barciela, in Madrid | PART 3 | Some banks, especially in the UK, were not far behind the panic wave and at that time announced that they had intensified their contingency plans before the more than probable failure of the euro. After…

Many economists and the Anglo-Saxon financial gurus have been killing the euro month after month since early 2010. But, even if their doomsday predictions have miserably failed so far, their negative influence over the markets can not be neglected. By Fernando Barciela, in Madrid | PART 2 | Euro mayhem? The fall of Brussels? Russian domination? German isolation? An article like this has already been published by a serious magazine, The American Spectator, supposedly devoted to calm, profound analysis. Flipping through the pages of Fortune,…

Many economists and the Anglo-Saxon financial gurus have been killing the euro month after month since early 2010. But, even if their doomsday predictions have miserably failed so far, their negative influence over the markets can not be neglected. By Fernando Barciela, in Madrid | PART 1 | We heard Noel Roubini prophesying the end of the euro early in 2010 at the World Economic Forum in Davos, Switzerland, in a somewhat evanescent fashion (“an increasing risk and an approaching…