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Message Subject Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Poster Handle Anonymous Coward
Post Content
What would happen if the euro does collapse? Would they all go back to their old currencies or would their be no money. This may seem like a daft question but I am genuinely interested, would everything stop? Food, fuel, etc. Would people stop going to work? Please someone tell me what will happen?

Thanks
 Quoting: Anonymous Coward 1474392


Probably would unwind in reverse to how it was formed, inconveniences, cross border issues, but not major collapse I would think. However you would wind up with a number of insolvent loser countries bankrupt and in chaos, and one or two strong countries who have had their fill of paying the way for the worthless slug countries who may very well collapse. What happens after that may be ugly, but only time will tell. Of course your Euros could very well become useless paper very quickly.
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