bearcow
29th June 2012, 18:29
Great video describing the issues determining the stability of the the euro.
http://www.youtube.com/watch?v=5z7RVT0a8zI&list=UUpwvZwUam-URkxB7g4USKpg&index=0&feature=plcp
Bottom line, if Germany no longer wants to keep the euro afloat, the currency will crash. If the currency crashes, the political union between these sovereign countries will dissolve. Each sovereign country will go back to its previous currency and will have to deal with it's own financial problems individually.
http://www.youtube.com/watch?v=5z7RVT0a8zI&list=UUpwvZwUam-URkxB7g4USKpg&index=0&feature=plcp
Bottom line, if Germany no longer wants to keep the euro afloat, the currency will crash. If the currency crashes, the political union between these sovereign countries will dissolve. Each sovereign country will go back to its previous currency and will have to deal with it's own financial problems individually.