euro crash

European Union Collapse a Question of ‘When’, Not ‘If’ Warns Moody’s

The break-up of the European Union may be a question of “when” and not “if”, credit ratings agency Moody’s has suggested. The agency warns that, despite attempts at reform, the European project remains perilously at risk from even a “small” crisis.

Critics of the European Project have long decried the anti-Democratic nature of the reforms put in place following Europe’s sovereign debt crisis, which accompanied the global financial downturn of 2008.

  • Norman_In_New_York

    It couldn’t happen soon enough.

  • Exile1981

    The same moodies that just down graded Alberta’s credit rating after notley’s spending orgy?

  • canminuteman

    I guess they don’t have enough diversity, because as everyone knows diversity is strength.

  • Ron MacDonald

    No surprise there, it’s being run by progressives.