Euro can not survive and could be on it way down

By Christopher Hessman

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The euro cannot exist in its current state, and with its demise authoritarianism and possibly civil war could consume parts of Europe this will have great ripples across Europe.  The current structure and with current membership, the euro does not work.  Either the current structure will have to change, or the current membership will have to change.  Is change to late for the euro and Europe?

This debt crises across Europe in the past months like Greece and Italy and it threatens to spread, while healthier countries are debating on how to rescue those in trouble and preserve the monetary union.  This is going to be a hard to do since the currency has been so embattled by debt crises.  Nobody in United States or Europe wants to see any currency block fail, but should it go down hill fast things will be very unsettling and real civil unrest could and will mostly take place.  We people of this world should always provide for yourselves and your family " do not rely on government" because, they are always last to help you.


What would the Europien union do if Germany pulls out away from the euro.  This could and will have corporate defaults, restructuring  of  the banking system and would surely collapse any of the international trade.  If this is going to happen in Europe was are we here in the west going to see coming across the ocean to affect us further.  We are all bound together as one.  We as the world population need to pull back our governments make them live with in their means to better protect us not to service us with lives.  God has given you that right to live not government.



UBS offers the following numbers:

"If Germany were to leave, we believe the cost to be around 6,000 euros to 8,000 euros ($8,441 to $11,256) for every German adult and child in the first year, and a range of 3,500 euros to 4,500 euros per person per year thereafter. That is the equivalent of 20 percent to 25 percent of GDP in the first year."

Yet for Germany, structural improvements to the continent's underlying economies are needed to prevent future crises.

Angela Merkel (Getty Images photo)

"I'm convinced that this crisis, if a great crisis of the Western world is to be avoided, cannot be fought with a 'carry on' attitude. We need a fundamental rethink," says German Chancellor Angela Merkel, according to Reuters.

"We must make it very clear to people that the current problem, namely of excessive debt built up over decades, cannot be solved in one blow, with things like euro bonds or debt restructurings that will suddenly make everything OK. No, this will be a long, hard path, but one that is right for the future of Europe."

GOD BLESS ANGELA MERKEL, she is keeping Europe true leadership in telling the people the truth and making them understand the situation will ease some the pain they will all go through.  I fear that what is coming our way here in the West, our President has no idea what he is doing and pushing us further down the wrong dark path.