DislikedSorry guys a very naïve question to challenge the basics:
A rupture in the EURO does necessarily mean the EUR to go down?
If - for example - Greece and Italy would leave the Eurozone, wouldn't we have richer Eurozone?Ignored
Thats a good point if ever the euro collapse. This is a currency not a company, so the value can't never reach zero. So theoretically a orderly break up will make the ECB fix a band (that will be in the current value/future value of the break up) until they make the transition ...so sure it will go down at the short term but not necessarily a lot after the limits are fixed.
Greece and Italy would leave the Eurozone, wouldn't we have richer Eurozone?
Well no. Greece is a small fish and IMO a temporary exclusion from the euro it will probably make it stronger short term but the fears of domino effect will weight heavier on the euro in the long run..
In the case of Italy ...NO WAY....Mate, Italy is the 8th largest economy in world !!!!.... thats not crumbs anywhere and it will make the EZ completely collapse...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now