What will happen if the Euro Collapses?

I imagine all the countries will dust off their old printing presses and issue their old currency. Debts in euros will be paid in marks, francs, guilders, ect.

Alot of jobs will be created again in money changers as when the euro came along,all those money changers lost their jobs. Now they will be back.

 

I often what happened to them. I used to like the Franc when I went France when I was a kid. I would like it back. And the Deutsche Mark.

 

This is where Bill Gross just shoots himself outright for not staying long US Treasuries.

 

Very bad things...

 

Such as?

Rioting, revolt?

Are they really that bad considring how poorly things have been run? Sorry ruined?

 

like north london?

 

I dunno about the social consequences, but massive bank runs, for sure. Depressions normally follow those. What unpleasantness comes after, who knows.

 

What do you have against North London?

 

I hate to say it but I have been saying this all along and you all said I was mad. Anyway. I think that the problems will not be wars but social unrest.

 

I think he means the riots.