Investors Preparing for Collapse of the Euro: Will the Euro End As We Know It?

by Heisenberg Posted 2012/08/14 20:00:00

Related Topics: Europe, Euro, Economy, Recession

545 votes
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	Yes	395 votes	72%
	No	150 votes	28%

SPIEGEL.DE reports:
Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar's structure isn't in doubt.

remains stable dollar america debt problems euro dollars structure doubt

+17

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Heisenberg 2012/08/14 14:34:14

Yes

+17
This is the natural consequence of big government policies.

The US dollar can expect the same.
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More polls by Heisenberg

Beat Ma... to pete 2012/08/15 20:40:40

I will agree that the Euro has made things more expensive in ALL of Europe. I teach English in Slovakia. When they were using the Crown, you could buy good quality products for CHEAP and live a middle-class life on a tiny salary. The Euro came in and made things more expensive. Everyone's pay was adjusted to compensate, but here's an example:

Under the crown, a bottle of beer was about 20 cents. Now it's over a dollar (still way cheaper and better than the American swill). You could get a new car for around $6000. Now that same car is $19,000.

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bob 2012/08/15 15:39:40

Yes

+2
Mitt Romney's Bain Capital has been at work destroying Companies in europe and outsourcing them to China and India. Additionally the politicians have overspent revenues with out the backing of taxes.

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topcat128 to bob 2012/08/15 17:35:18

Another liberal lie. What companies, in Europe did Bain Capital (note: Romney is no longer with Bain) distroy?

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blackrings70 2012/08/15 15:37:49

Yes

+2
Never should have started it in the fist place!!!!

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ART 2012/08/15 15:35:09

Yes

+2
THE WHOLE EUROZONE IS FALLING. SOCIALISM SIMPLY DOES NOT WORK. OBAMA IS SOCIALIZING THIS COUNTRY, HOW LONG WILL IT TAKE FOR US TO FALL. RIGHT NOW THE U.S.A. POPULATION IS 50% TAKERS AND 50% PROVIDERS. THINGS CANNOT GO ON LIKE THIS. CONTRARY TO OBAMA AND THE DEMOCRAPS, THERE IS NO SUCH THING AS A FREE LUNCH.

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Huki68 to ART 2012/08/15 15:47:49

+1
That has nothing to do with socialism, it have to do with Greedy business man/man in big corporations, like banks, wall street...

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PeetFizzy to Huki68 2012/08/15 18:52:42

+1
Exactly! I just hate it when people take shots at socialism when they don't even know what it is.

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Beat Ma... to PeetFizzy 2012/08/15 20:41:33

Most people sadly think that Socialism and Communism are the same thing.

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PeetFizzy to Beat Ma... 2012/08/15 21:51:36

Yeah it's sort of sad because the differences are so simple! I guess people don't know that there's a difference between an economic system and a political system. :)

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Barbi Rose 2012/08/15 15:24:39

Yes

+1
I think Europe is general is in trouble, to many hands out and too many much importation of islamic poor sounds like a bad accident waiting to happen.

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MsDianna 2012/08/15 15:12:27

Yes

+1
God help us!

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Bannor Haruchai 2012/08/15 15:11:05

Yes

+1
Yes. One of the unfortunate results of decades of bad financial policy, aided and abetted by corrupt politicians, bankers and corporate moguls around the world.

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Christopher Kirchen 2012/08/15 15:06:32

Yes

+2
It was destined to fail anyway; part of trying to start up a one-world government; common sense will prevail.

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Prepper Politics 2012/08/15 14:38:32

Yes

+1
The Euro's been in trouble from the start. I've said on my site, prepperpolitics.com, that common currency can't stand when cultures and language vary so much. Values are different, as are perception. The money can't hold with that.

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kir 2012/08/15 14:23:30

Yes

+1
The Euro has been in trouble thanks to horrible economic policies and thanks to the very notion of hyper-federal control over currency. The European Union is most definitely a failed experiment. The only nations that are doing alright are the northern Scandinavian nations like Finland, which run a decentralized social system, as well as Germany which has been much more fiscally conservative. Unfortunately Germany's recent decision to stop their nuclear program is probably going to cause them to slide into collapse as well.

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QueenOf... to kir 2012/08/15 18:35:45

+1
Why do you think Germany would collapse if they stop nuclear power? I would be very interested to know what you think as I live in Germany now and write about how to become nuclear free. If you could email me your thoughts, I'd appreciate it as I can't come to this forum very often. Thank you. natalianz@hotmail.com

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Loki 2012/08/15 14:17:58

Yes

+1
it's in their plan!

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Jesferkicks 2012/08/15 13:14:10

No

The Euro is young, it'll make it through. Most conceptual things have a hard go of it as they take their baby steps.

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pete to Jesferk... 2012/08/15 15:49:21

The Euro initially got off to a rough start, but began to work well over the next ten years. As long as times were good, workers reaped bigger entitlement benefits and got lazier.

In harder times, this has become the fatal flaw of the Euro's outer nations. It is no longer a baby learning to walk; it's more like a union worker who doesn't want to give up entitlements because of having gotten used to a lazier lifestyle.

Sooner or later the givers will be fed up bailing out the takers (America heed).

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Jesferk... to pete 2012/08/19 18:50:07

I concur with your assessment of why the Europeans aren't fairing so well. If they didn't have Germany, I don't want to imagine what shape they'd be in. I was just comparing the Euro to like the USA's first 30 or 40 years after birth. Many times it was a hair's breath away from disintegration but managed to muddle through.

An ironic catch to all this is that some of the former soviet block Euros (steadfastly following free market methodologies) are in much better shape than the former free marketeers of Western Europe. People just don't seem to learn. There is no free lunch.

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Odinsown 2012/08/15 13:12:33

Yes

+4
All fiat currencies come with an expiration date.

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sean to Odinsown 2012/08/15 15:47:51

+3
ain't that the truth..ours included

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Odinsown to sean 2012/08/15 16:44:23

+2
Indeed

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simplex5 2012/08/15 13:05:54

No

+1
Things are cloudy all over these days! If we are under Britian Yes, maybe- we will collapse! I pray, God wake up and take back the throne- and things will start to change, for the better! Positive energy! consciousness!

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☆Hitler was a community org... 2012/08/15 12:28:51

No

+1
I dont know what one is in the first place

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glen 2012/08/15 12:07:34

Yes

+2
Greece Spain and Italy are in dire straits right now ,France isn't far behind and England and Germany can't support them forever . At least Great Britain still has their pound ,as for the rest ....

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Cricket 2012/08/15 10:30:39

Yes

+2
Indicators point in that direction

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Ben 2012/08/15 10:21:21

No

The Euro will probably still survive. It might not have all its members and the eurozone will have learned a big lesson about expanding too fast and not being select enough about who joins, but Germany is a large economy and one that's coped with the recession well. The Germans will pull out every single stop to prevent the end of the Euro and will be able to stop its demise. But will the Euro be different afterwards. Of course it will, it'll have to be.

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Franklin 2012/08/15 09:56:58

Yes

+5
It was always a bad idea , when some nations work much harder and spend less than others the scam is doomed to fail from the start .

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baxter 2012/08/15 08:58:53

No

+1
NO AND YES

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mrdog 2012/08/15 07:19:30

Yes

+2
It appears... to be the case....What can we do? bark

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gocar 2012/08/15 06:46:51

No

I am not an expert on this but I don't see them giving up the Euro because too much has been invested in it. The European Union has brought together so many different nationalities in European countries. Working in each others country has been good for everyone. It was nice to travel there and not have to keep changing money at every border and I doubt they will want to give that up so the powers that be will work on the problem. They were hit by the same bank failures as America and are slowly climbing back.

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Franklin to gocar 2012/08/15 09:58:57

+3
other than in speeches by Obama where do you see them "climbing back" ? What part of bankrupt but still spending sounds sustainable to you ? LOL

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☆Hitler... to Franklin 2012/08/15 12:30:46

+2
I know, right

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Franklin to ☆Hitler... 2012/08/15 12:37:37

+3
can't spend what you don't have / can't make - the EU is dead and as soon as we stop bailing them out they will sink . Why is that so hard for liberals to understand ...broke its when your out of money and the bank tells you NO to borrowing MORE that is where the EU is at and we are are dam close behind -

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Steph to Franklin 2012/08/15 14:45:30

+1
Funny how you say "can't spend what you don't have." Yet that's what credit cards and bank loans are all about. Just an off topic observation.

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MOMMA THOMAS 2012/08/15 06:14:56

Yes

+2
LOOKS LIKE IT..

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Patriotic 2012/08/15 05:58:43

Yes

+3
The euro was destined to fail from the beginning. They tried to create a currency to compete with the dollar. Our economy cannot be compared with a fractured europe.

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Stevethinks 2012/08/15 05:26:19

Yes

+2
And it may take US with it! If so, Marshal Law and......................!

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glen to Steveth... 2012/08/15 12:09:23

+1
Highly doubtful as the U.S. trades very little with Europe . Automakers however ...

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