Countess Bettina Bernadotte (37 years old) opened the annual meeting of the winners of the Nobel prize in economics, which took place between Tuesday and Saturday, on the island of Mainau, (named "Flower Island") of Lake Constance (South-Western Germany), not far from her family"s castle, in line with the tradition of the reunions set starting with 1951 by her father, Swedish count Lennart Bernadotte of Wisborg (a nephew of Gustav the 5th of Sweden, who in 1905 was the first Swedish king to award the Nobel prize), a meeting where Robert Mundell, who, in 1999, won the Nobel prize for his currency analysis, said: "I do not think that the Euro is nearing a collapse. Europe must move on, towards becoming an equivalent of the United States".
Of course, the opinion should not be removed from the context of this reunion, which is remarkable for its scientific and intellectual level, which also included sailing trips on the Constance lake, while also considering that it has been partially talking to a public of young students whom were also offered a dance night out.
The opening speech of the reunion at Mainau was made, however, by German president Christian Wulff, with Germany being the country which currently plays the most important part in the world crisis, and the final conclusions were spoken by the German Finance Minister Wolfgang Schäuble, which makes us think that the opinion of the Nobel prize winner was not just intended to get them in the mood for the dance floor, but it should actually be taken seriously because it concerns serious matters.
* Should we bet on the Euro, or against it?
For instance, if we were to believe the Nobel prize winner for currency studies, then we shouldn"t be betting against the Euro.
Because the Euro is not "on the verge of collapse".
Meanwhile, the Finnish government has suggested that the assets of
