Or at least some of them?If the weaker members of the Euro zone indeed were to leave the common currency, the Euro would eventually become stronger because the members that are left are financially more sound ... Just wondering if this might be reason for the recent run up?
It hey kick the PIIGS out Gernamny and France banks eat a cool 1 trillion + in write-offs. Not good in the short term (< 5 years). Their economies will be in shambles.Longer term that would leave only 7 countries left and a patchwork.
Maybe you are right. I have no real idea ... I don't even think any of the "strong" countries (Germany, France, ...) really have any idea what they are doing. Well, they raise taxes. That's what they do best.