Watch Professor Siegel explaining his proposition in a TV interview
______________
Video streaming by Ustream ______________
http://www.distressedvolatility.com/2012/05/whartons-siegel-euro-hits-parity-with.html
He advocates the depreciation of Euro to parity with dollar. This will spur exports from Euro region.
But listen to Marc Faber. He forecasts wealth destruction to the extent of 50%. Where will be happen? Mainly in equity markets.
_______________ ________________ http://www.distressedvolatility.com/2012/04/marc-faber-massive-wealth-destruction.html
Who will be right? Faber or Siegel
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