The Consequences Of The Unthinkable: Here Is What Happens When The Euro Breaks Up

Monday, June 25, 2012
By Paul Martin

by Tyler Durden

As the following image from Spiegel summarizes, three things will happen simultaneously when the unthinkable finally occurs: i) economic output plummets, ii) unemployment rate soars, and iii) consumer prices explode.Of course, this is nothing but merely deferred consequences for Europe partying for over a decade under an unsustainable regime that borrowed from the future (sound familiar?). And now the inevitable hangover. In other words: payback is a bitch.

The Rest…HERE

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