We're Running Out Of Runway And The Euro Will Change From Its Current Form
"I am concerned. I have been constantly concerned since 2008/2009. We are now running out of runway. The euro will change from its current form."
Prime Minister of Canada
As I write this article, Stephen Harper is concluding an interview on the CBC National News with host Peter Mansbridge. Mansbridge and Harper are both in London for the Queens Diamond Jubilee celebration. After a cursory chit chat about the Jubilee celebration, Mr. Mansbridge brings up the subject of the present euro crisis, and seeks the Canadian Prime Minister's take on the matter. Harper's brow seems to furrow as he begins to speak.Harper, who is the only G7 leader who is a trained economist, is frank and discusses his very deep concerns about a possible meltdown in Europe, and its consequences for his own country and the rest of the world's economies. He is uncommonly frank for suchComplete Story »