And Germany's place in the European Union? Should the rest of Europe be nervous? Elated? Is it time to start socking away food & fuel for an even greater economic downturn?
Kevin
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Germany is going to argue a lot with France. UK might elect Labour PM in a few years to beat the Conservative PM. This means Germany will have less control over the EU.
Floyd G
You're only half right.
Don't overlook what happened in Greece today. Between these two voter rejections of the economic policies we had hoped had been corrected, the US stock market is going to take a steep dive for the next quarter. Plan on the Dow hitting 10,000 in weeks.
This would be a great time to plan on buying stocks when things hit bottom.
YB Logical
The French can expect a huge drop in their stock market tomorrow, which will affect the markets here, perhaps as much as 10%.
At this moment the Nikkei is down 246 points in Japan (2.6 %).
The French market can expect a drop of no less than 15% on Monday's trading.
Drops in other European markets probably will not be as severe, but will be damaging to their struggling economies.
I wonder who will be willing to buy French Bonds as they will need to borrow a lot of money to finance their new socialist agenda and the uncertainty will cause the euro will drop this coming week.
The French voters have made a very serious mistake, which could potentially plunge all of us back into a world wide depression.
Dr. Internet
Looks like France is going to be joining Spain and Greece.
Anonymous
National Socialism maybe