- Joined
- Mar 14, 2013
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Anyone that follows markets knows the stock slide and the currency decline isn't a big deal. Big swings happen from speculators every time a big global event happens. They'll recover and go back to normal over time.
What no one seems to be talking about is that the Euro itself is facing a systemic crisis. If member states can be allowed to just leave like the UK is doing, it's completely unstable over the long-term. Not to mention, the PIGS debt are a ticking-time bomb that everyone knows is going to explode but just hope it's during the next guy's term. Both of these are going to destroy the Euro.
That's because the EU is in bigger trouble than the UK