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Expert predicts Eurozone collapse

Published: 28 February, 2009, 21:39

Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.

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4 COMMENTS

Niki600 March 02, 2009, 15:16 quote

Well, the main problem of euro zone is France which has very high foreign debt. If the French foreign debt is generated via German loan then there are no problems at all. The countries which are the worst striken with ongoing crisis are out of eurozone. The collapse of euro is just another UK's dream.

trotzky March 02, 2009, 20:32 quote

I agree with the article and I wish I saw the Europe collapsed. UE has destroyed the national States and created the chaos all over the Europe.

Niki600 March 06, 2009, 14:11 quote

Well trotzky, if you consider rule of the law as chaos then you are probably right.

Plain Old American June 09, 2009, 05:04 quote

I think trotzky is right. The collapse of the EU would simply allow the individual nations to regain their sovereignty thus making governance more local and therefore more responsive to the wishes of their citizens.

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