As The Euro Goes The Way Of The Dodo,Where Does That Leave The Dollar?
By Gonzalo Lira
The Eurozone is heading for a crash – anyone saying otherwise is either stoned, works in Brussels, or hasn’t checked the European bond market action lately: All hell is breaking loose there.
And if, as I have argued here, the Irish Parliament decides not to pass the austerity budget next December 7 – that is, decides not… to take the European Central Bank bailout – then hell is going to break out in Europe just in time for Christmas: Satan and Santa Claus just might be squaring off on the Rue Belliard before year’s end.
Therefore, the smart money starts thinking about what’s going to happen after the euro-crisis-climax happens.