Euro Bears Can Take Heart

If there is one book all traders and investors should read it is:  This Time is Different : Eight Centuries of Financial Folly by Kenneth Rogoff & Carmen Rheinhart.  I actually bought this book expecting it to be a dry, economic (and therefore boring) tome and even took it on holiday with me (how sad is that) BUT I am so glad I did because not only is it quite easy to read but nails that old chestnut “but this time it’s different” – IT IS NOT – we just have very, short memories!

Kenneth Rogoff has now turned his attention to the euro and has written that with currency movements so difficult to predict (if at all) “2010 was an exceptionally tough year” and in this article gives his reasons as to why, in his opinion, “the Euro looks set to win the race to the bottom.”

About Anna 1036 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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