Comments on: What if the euro collapses? http://blogs.reuters.com/globalinvesting/2011/12/13/what-if-the-euro-collapses/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: justlitloldme http://blogs.reuters.com/globalinvesting/2011/12/13/what-if-the-euro-collapses/comment-page-1/#comment-9869 Tue, 15 May 2012 20:49:13 +0000 http://blogs.reuters.com/globalinvesting/?p=4838#comment-9869 ummm…………. in case you don’t know which it seems you don’t. If the euro collapses it will be months if that for the dollar to go under as well.

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By: dingodoggie http://blogs.reuters.com/globalinvesting/2011/12/13/what-if-the-euro-collapses/comment-page-1/#comment-4810 Wed, 14 Dec 2011 18:38:37 +0000 http://blogs.reuters.com/globalinvesting/?p=4838#comment-4810 Nice scenarios. I would expect EU politicians know them and would want to avoid collective suicide. Therefore I would put the probability of any country leaving (or being allowed to leave) the Eurozone rather lower than 70%. The German government hopefully now understands that the 50% devaluation of Greece’s debts was a very stupid and costly thing to do.

But I agree with Natsuko Waki that the Eurozone summit has not changed the situation very much. The resistance against a Germany dominated block is already growing quickly, as well as the resistance by the Bundesbank against the bailout plans through the IMF.

I just hope that the Eurozone leaders are now fully alerted and able to push through extreme (i.e. extralegal) measures very quickly when the situation collapses.

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By: cj_james http://blogs.reuters.com/globalinvesting/2011/12/13/what-if-the-euro-collapses/comment-page-1/#comment-4806 Wed, 14 Dec 2011 16:21:25 +0000 http://blogs.reuters.com/globalinvesting/?p=4838#comment-4806 Euro collapsing would actually be good for America. The flight to the USD would stabalize the value of the dollar. The bank run in Europe would also collapse the economy making our exports stronger yet again.

And on top of it all Europe will be demonstrating to America that socialism doesn’t work, so us Americans will turn our ship around and head back to economic freedom and vote out our marxist president and in with a new president who believes in the free market again.

seems like a Win Win Win situation for America.

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