Discussion in 'Economics' started by morganist, Sep 14, 2011.
I was wondering if you had any views on what will happen if the Euro Collapses?
...when it collapses.
Yes. I agree. But what will happen?
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.
Dogs and cats living together. Mass hysteria.
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.
Technically they cannot do that at the moment. The ECB does not have the power.
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