A Comment About

What Would a Euro Collapse Mean for the United States?

May 31, 2010 - 12:00 am - by Soeren Kern
westerncanadian
2010-06-01 11:43:32

The European Union was created by bureaucrats for bureaucrats. Then they persuaded politicians to believe it was invented by politicians for politicians. Both groups of unwashed barbarians were after control and power. They also believed that the EU would undermine the USA.

The barbarians gained control, amassed power and hurt the USA. They must be well pleased with themselves.

The house they built had no real foundation and now it’s falling down. When the Euro goes, panic and chaos will spread to the US. The US is in trouble regardless of what happens to the Euro. A collapsing Euro will just fast-forward the US into reality.

In the ensuing chaos they could give every European a a plastic bucket full of Euros and a felt tip pen. In France each person would write ??? Francs on the euro notes; in Germany ??? Deutschmarks on each Euro note and so on. In Canada, Australia, New Zealand, SE Asia, India, and South America things will get strange because we are all connected to the global economy. In Canada we are also joined at the hip to the US economy – might be good, might be bad.