EUROZONE on verge of COLLAPSE!!!! Germany to Rounce the EURO!!!! DOOM!!!!!!!!!

Looks like the collpase of the Euro is imminent as the "winner countries" want to distance themselves from the "losers countries". I see this leading to increased nationalism and potential wars in Europe

Here is the link to the full story from bloomberg.com

[link to www.bloomberg.com]

And a couple good snippets:

Richard Howard, a managing director for global markets at Dallas-based Hayman, said Germany may opt to shore up its own economy, Europe’s biggest, rather than bail out fellow euro nations such as Austria, Italy and Spain as their banks sag under the weight of bad debts. That might lead to defaults and compel Germany to renounce the euro, he said.

“A bailout of a debtor country from a surplus country like Germany would be like opening the box of Pandora,” former Bundesbank President Karl Otto Poehl said in London yesterday. “It’s a very dangerous course that we will enter” and “I’m very much against it, many people in Germany are against it, but the political pressure will increase,”