What will happen if the Euro Collapses?

  • Thread starter Thread starter morganist
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morganist

I was wondering if you had any views on what will happen if the Euro Collapses?
 
Quote from dumb_mother:

it's the first of the epic dominoes about to fall which ultimately topples all fiat currencies around the world.

Yes. There are others. I don't know if it will be first. I think it might last till 2014.
 
People usually adapt quickly to changes in the commercial landscape.. Would they not just find another currency they trusted and denominate things in that? The USD or the German currency maybe?
 
Quote from Eight:

People usually adapt quickly to changes in the commercial landscape.. Would they not just find another currency they trusted and denominate things in that? The USD or the German currency maybe?

Regardless of monetary unit debt still remains.
 
Before they let it sink beneath the waves they will try to save it. Can you spell I-N-F-L-A-T-I-O-N!!

They need to dump the debt. One surefire way to do that.
 
Quote from Swan Noir:

Before they let it sink beneath the waves they will try to save it. Can you spell I-N-F-L-A-T-I-O-N!!

They need to dump the debt. One surefire way to do that.

Technically they cannot do that at the moment. The ECB does not have the power.
 
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