Hi El,
It probably will, but it's really a can of worms.
If the Eurozone collapses, so does the Euro.
Both China and the USA have large markets for their products in Europe ... but if the Euro falls/collapses they both lose those markets since their currencies/price of their exported goods will skyrocket on a relative basis.
So what does that do to China and the USA - particularly the USA?
There's no good solution, only painful ones.
jmo
dub
- Forums
- ASX - General
- eurozone will collapse this year, says nouriel
eurozone will collapse this year, says nouriel, page-2
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online