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Old 09-08-2011, 19:34   #15
gotplastic
Senior Member
 
Join Date: Feb 2008
Posts: 301
Quote:
Originally Posted by cowboy1964 View Post
I'm not the only one saying there is potential for Germany leaving the Euro. This just came out today:

http://www.theblaze.com/stories/new-...if-euro-fails/
I agree, there are a lot of people saying it, but there is a major gap between 'possible' and 'probable'. Germany is about the best run industrialized country out there right now. I'm pretty sure they are smart enough to understand the ramifications of staying or leaving with the Euro; even without the guidance of 'the blaze'. As long as they are not alone in providing support for the Euro they have more to lose in leaving.

The EU collectively has too much to lose right now if the Euro fails. They'll stick together and ride this out till things stabilize. I suspect then they will begin a more organized approached to breaking some of the tight ties that got them into this mess. That's probably more 5-10 years from now.
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