Academic

MORE WORRIES about the Euro. UPDATE: Just out of curiosity, what happens if the Euro craters? W?

By Glenn Reynolds

MORE WORRIES about the Euro.

UPDATE: Just out of curiosity, what happens if the Euro craters? Will Euros be like confederate money, or will there be a transition where they can be exchanged for deutschmarks, francs, etc? If the former, it seems as if we’d have a colossal financial collapse. If the latter, it seems kind of complicated. That may be the Euro’s greatest source of strength . . . .

Full post as published by Instapundit.com on May 16, 2010 (boomark / email).