Friday 14 June 2013

HOW WILL THE "EUROZONE" COLLAPSE ?


No politician in the EU at present is prepared to discuss what could happen.  The only open secret is that nothing "should" happen before the General Elections in Germany on 22 September 2013 !

When the result of the General Elections is known, when the fate of Chancellor Angela Merkel has been determined, (but not before) the German High Court will publish its opinion on what Germany is obliged to do with respect to the financing it provides to defend the EURO !

Indirectly Germany has underwritten and directly financed many loans made to EUROZONE countries in difficulty.  The sole objective has been to protect the recognised stability of the EURO.

The real question now is, "Will Germany pursue the same policies after 22 September 2013" ?

If the reply is not a frank "YES", there will be an upheaval on Financial Markets worldwide !  There will be panic !

The next question would then be :  How will different EU countries react ?  

At the EU or EUROZONE level there will be numerous strategic meetings !  The results of these meetings will not be clear immediately, alas ! 

EUROZONE countries will be like ships in a tempest without their captain !
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