[lbo-talk] Prepare for riots in euro collapse, Foreign Office warns

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Tue Nov 29 18:20:37 PST 2011


Joanna writes:


>> You can also look to Argentina for a taste of what it
>> will be like to drop out of the Euro.
>
> I thought Argentina has been doing better since defaulting...

I don't understand your message. No one here is predicting what will happen if/when countries (such as Greece) fall out of the Euro. It will be better or worse than the present. No one knows.

But: it's not unprecedented, and it's not impossible for a "new" currency to replace an old one.

/jordan



More information about the lbo-talk mailing list