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I think eurozone collapse will begin in germany, centered around the collapse of deutsche bank. No other scenario will make sense. Although it will still be b
by dnautics 6y ago
I think eurozone collapse will begin in germany, centered around the collapse of deutsche bank. No other scenario will make sense. Although it will still be bad, the uk will have dodged a bigger bullet with brexit.
- friedman23 6y agoI can't see DB being big or important enough to cause the collapse of Germany. I could be wrong.
- brobinson 6y agoItaly's sovereign debt crisis is going to be a nuke compared to the firecracker that was the Greek crisis in 2012.
- drawfloat 6y agoAs the UK didn't use the euro anyway, I don't think it will change how much the country would be impacted by a Eurozone collapse (ie: still seriously impacted)
- kkdaemas 6y agoDoubtful, the UK would suffer greatly from reduced demand for their goods and services.
- throwaway2245 6y agoSince the UK was never in the eurozone, if anything it would be more affected in this scenario following Brexit. In that scenario, the UK will have no influence in the EU and not a single person in the EU will think it's important to protect Britain's political interests.
- dnautics 6y agoYou don't think that the EC will make demands that non eurozone countries (SE, DK) participate in non-monetary aspects of bailout of the eurozone in the case of such a collapse?
- throwaway2245 6y agoYou don't think they would make demands of the UK?