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Old 17-12-2016, 13:16   #1876
OLD BOY
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Join Date: Mar 2008
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Re: Eurozone will collapse...

Quote:
Originally Posted by 1andrew1 View Post
The Euro's been going 20 years and survived the 2007/8 General Financial Crisis so we can't pretend it doesn't work. Despite how illogical it may all seem when viewed from Blighty.
I know what you mean, Andrew, but it doesn't work as it should and the whole set up is extremely fragile. The Greek crisis is a symptom of this, and don't forget that Spain, Portugal and Italy came pretty close to the brink - in fact, Italy is nowhere near out of the woods yet.

Sooner or later, the EU will either have to admit defeat or go federal, IMHO.
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