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Forum Newbie
Group: Forum Members
Last Login: 6/18/2010 4:29:53 PM
Posts: 1,
Visits: 34
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| Is the Euro doomed or is it "too big to fail"? I'd like to hear people's thoughts on the potential impact should it dissolve, perhaps in the areas of international trade with the Eurozone and inflation. My first gut reaction would be a negative impact on trade due to the additional currencies. I'm sure the harmonized trade rules won't go away (or will they?), but the time needed to ramp up the currencies will be long, and the likely confusion stemming from the Euro still being traded alongside the individual member currencies will add to it all. One thing I know for sure, there will be a lot more FX trading going on -- 16 "new" currencies (the current member states using the euro), not to mention the currencies pegged to the euro. I do miss the Italian lira!
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