Friday, January 28, 2011

Euro Strategy

This journal post comes from the the following url.

http://dealbook.nytimes.com/2011/01/28/no-clear-strategy-to-save-the-euro/

I thought it would be interesting to look at an article for strategy about the total lack of a strategy.

It appears that Europe is having a difficult time knowing what strategy it should pursue to preserve its Euro. It's in trouble because of countries like Greece (and a few other potential countries, like Ireland and Portugal) literally declaring bankruptcy.

The result of this lack of strategy is the severe weakening of the currency and European influence and power. Truly, the absence of strategy is worse than following a mediocre or perhaps even poor strategy.

Good luck Europe! Find a strategy and get everybody on board.

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