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The Euro is of great interest to the power elites, thus I would raise its chance of survival by quite a lot...

Globalization (always) entails concentration of power. They dismissal of the Euro would be a big set back in that direction. Count thus on massive opposition from the people that count.

And, by the way, if the Euro falls that might be an extra disaster: If the interest of the power elites on each country becomes misaligned on a global scale then the usual strategies will be pursued (see e.g. Europe in the 30s/40s of the previous century).

While I see the Euro as mostly a power grab from the powerful, I do not know if I want to live through the era of its dismissal.

In the long run, the end of the Eurozone is of course a good thing. Of course, in the long run we are all dead.

by cagatacos on Wed Sep 25th, 2013 at 04:39:23 PM EST
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