Greece Should Leave Euro to Rebuild Economy, Feldstein Says – Bloomberg 06-07-12

Salient to Investors:

Martin Feldstein said Greece cannot be fixed. A Greek departure would be chaotic short-term, but longer-term would return Greece to growth and more robust employment. Italy is in good shape. Spanish regional budget deficits pose a bigger problem than the banking crisis. European leaders lack a longer-term strategy on how to deal with indebted member states.

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