Euro 'will be dead in five years'

The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph.

telegraph.co.uk/finance/financetopics/budget/7806064/Euro-will-be-dead-in-five-years.html

[quote="gilliam, post:1, topic:200858"]
The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph.

telegraph.co.uk/finance/financetopics/budget/7806064/Euro-will-be-dead-in-five-years.html

[/quote]

so much for that superpower

[quote="gilliam, post:1, topic:200858"]
The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph.

telegraph.co.uk/finance/financetopics/budget/7806064/Euro-will-be-dead-in-five-years.html

[/quote]

Not giving up the pound was one of the smartest things Britain did.

I hear Iran has planned to sell all its euros to buy the USD and gold. In stages though. That should irritate a few people. Remember what happened when Iraq threatened to price oil in euros?

People who use fiat currency themselves and have a national debt of $13 Trillion that is increasing by $4.13 Billion per day might want to resist the temptation to gloat. :shrug:

[quote="gilliam, post:1, topic:200858"]
The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph.

telegraph.co.uk/finance/financetopics/budget/7806064/Euro-will-be-dead-in-five-years.html

[/quote]

Hardly cause for joy.
I don't think we would enjoy the global effects of Europe going down the tubes.

[quote="didymus, post:6, topic:200858"]
Hardly cause for joy.
I don't think we would enjoy the global effects of Europe going down the tubes.

[/quote]

Indeed. Whether the fiat currency is in euros or franks or marks or zlotys, the countries are still the same. The only thing different will be people crossing one another's borders to buy things. Should be a wash in the long run.

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