As the Economist’s own Charlemagne columnist noted when reviewing the outcome of 2012, “the pessimists did not overestimate the euro’s problems, so much as underestimate the political will to do enough to stop a euro break-up.” And anyone who continues to underestimates this will turn out either very wrong, or if you are an investor, very poor. Thank you for your attention.
BIS central bankers’ speeches  5