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Euro collapse imminent, experts believe

by Ethan A. Huff, Natural News:

The future does not look very promising for the euro, the flailing currency of the European Union (EU). Speculation among many bankers, company executives, investors, government officials, and others that the euro is about to completely unravel are actually helping to fuel the currency’s decline, say some, a process that many others, including euro architect Otmar Issing, have long believed was inevitable anyway.

The ongoing debt crisis in the “Eurozone,” or the bloc of European countries that are part of the EU, is only continuing to worsen, and EU officials have been unable to come up with a viable policy solution to jump start the EU economy. Meanwhile, the local economies of Greece, Italy, and Spain are in rapid decline with no end in sight, and countries like Germany and Finland that have had to continually prop them are up are growing weary of having to keep the ship afloat, so to speak.

Many European banks have stopped lending across their own countries’ borders, investors have pulled their assets out of European markets, and the Constitutional Court of Germany, one of the key countries holding the EU together, will soon determine whether or not its continued bailout efforts for the worst performing countries in the EU are even legal in the first place. All the signs, in other words, are pointing to an eventual euro collapse.

Read More @ NaturalNews.com

4 comments to Euro collapse imminent, experts believe

  • willyt2

    The economic collapse has been talked about forever it seems. It’s no closer to happening now then it was the first it was mentioned years ago. The corrpt governments will coninue to erode our freedom adn steal our money adn who is going to do anything aobut it. Ther eis no honesty in the world only power and greed . The hobnest and hte jsut hav etaken a back seat to the corrput and deceiftful. That goes all the way from the bottom to the top in government and also our financial system. The fraudsters are in charge and are not about to give up any control what so ever.

  • willyt2

    Let me try this again without all the spelling mistakes.

    The economic collapse has been talked about forever it seems. It’s no closer to happening now then it was the first it was mentioned years ago. The corrupt governments will continue to erode our freedom and steal our money and who is going to do anything about it. There is no honesty in the world only power and greed . The honest and the just have taken a back seat to the corrupt and deceitful. That goes all the way from the bottom to the top in government and also our financial system. The fraudsters are in charge and are not about to give up any control what so ever.

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