Description:   The euro is damaged goods, laid low by a debt crisis that has revealed the shortcomings of European economic and monetary union, economists say.

Source: Marketwatch.com

Date: 02/26/2010

Link: http://www.marketwatch.com/story/euro-tarnished-but-rivals-dont-shine-2010-02-26?siteid=nwtwk

Questions for discussion:

• How would you expect hedge fund managers to play the current situation?
• How should corporate financial planners dealing with exports or imports to Europe approach this situation?
• Do you think the Euro is doomed?
• Can a global currency ever exist? Discuss.