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To: Cornpone
The failure of the EMU would have huge negative repercussions for the global economy, and is not something to look forward to.
9 posted on 06/03/2005 3:14:01 PM PDT by RWR8189 (I Will Sit on My Hands in 2008 Instead of Voting for McCain)(No Money for the NRSC)
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To: RWR8189
The failure of the EMU would have huge negative repercussions for the global economy, and is not something to look forward to.

If it crashed suddenly, I think you are correct. But what if the "Franco-German axis" (a phrase I hear frequently these days) keeps the euro and let the smaller countries get rid of it if they want. How would that hurt the global economy?

56 posted on 06/03/2005 5:35:45 PM PDT by stripes1776
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