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What Would a Euro Collapse Mean for the United States?
by Soeren Kern http://kern.pundicity.com/7536/euro-collapse-united-states Excerpt: Amid growing fears that the Greek debt crisis may engulf Spain, Portugal, Ireland, and even Italy, prominent voices in the European Union and elsewhere are positing an idea that just a few months ago would have seemed inconceivable: the European single currency is in danger of collapsing. The minority view has always been skeptical about the wisdom of merging the economies and currencies of 16 European countries that have different languages, cultures, economic stages of development, and social practices. Up until just recently, however, the EU's politically correct thought police had effectively silenced public debate about the "European project" by branding critics as anti-European traitors. Read the complete original version of this item... receive the latest by email: subscribe to soeren kern's free mailing list |
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