Could anyone that understands what going on the eurozone tell me is the euro in danger of collapse or not and if its likely what would it mean for the countries in it.
I can understand that link just about but will France and Germany be able to keep propping up the euro as it states in the link or is it about to go altogether?I live in Ireland and people are starting to talk about its collaspse and how bad it would be for us not sure if this is based on anything or just scaremongering.
trionam...that is the 60$ question and bobbie put an interesting thread on CB about just that situation, but it was hijacked by a load of "numpties"
I cant answer that question and neither can the Politicians, but after a decade or more of setting up , the euro will not be allowed to "die" without a fight.
I think that what is more likely to happen is that certain countries may, possibly, go back to thier own currencies, however it should be remembered that the euro was part of a much larger United states of Europe policy and that was also part of us trading to each other.
Somebody needs to bite the bullet and kick the banks in the knackers.
tri, I asked to have it removed...
it was a run down of the Euro table and what my friend, considered to be the best way of looking at it, he is a Financial Director for a world wide company, unfortunately, to post it again would be going against me asking to have it removed..sorry