European sovereign debt crisis could cause Eurozone implosion – ex-BoE chief

European sovereign debt crisis could cause Eurozone implosion – ex-BoE chief

Political instability arising from European states’ crippling debt burdens may lead to the Eurozone’s implosion, ex-Bank of England (BoE) governor Mervyn King has said.

The former central banker and staunch Euroskeptic made the prediction in his latest book, The End of Alchemy: Banking, the Global Economy and the Future of Money.

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