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What will happen to the US if the Euro collapses?

We have a global economy. If Greece defaults, It may take the Euro with it.

5 Answers

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  • Anonymous
    10 years ago
    Favorite Answer

    A lot of us institutions own Euro denominated bonds and/or stocks in Eurozone companies and a lot of US exports go to Europe. What the stock market is doing today reflects this.

  • Anonymous
    10 years ago

    You better pray this doesn't happen because the US is going to suffer even more than Europeans since you're so dependent on money for any little thing. Many people in Europe, like my parents, still grow their own food products in the yard, so even if there's a crisis they have resources to use. Money is not that essential to the European equation. That's why Jefferson considered farmers vital to the economy of a nation. In case the Government policies fail or the currency (fiat paper) becomes worthless, there will always be an option for you to overcome the transition. People who have to buy food to eat will suffer the most. People who produce food will be least impacted.

  • ?
    Lv 4
    4 years ago

    hi msK i'm no longer a financier yet i can do money owed and e book protecting. Any economic company be conscious inspite of the distant places money is a promise that the be conscious would be exchanged for products and centers. the products and centers will nevertheless be there so we could desire to hotel to replace and barter jointly as the bankers cope with what number hundreds of thousands they have lost. i assume the countries in touch could revert to their former currencies jointly as each little thing exhibits its very own genuine point removed from the synthetic distant places money of the euro. terrific desires.

  • ?
    Lv 5
    10 years ago

    A world wide depression is a distinct possibility

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  • 10 years ago

    the federal reserve will bail out the european central banks at your expense.

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