The horror that awaits us if the euro dies
If it falls, an investor flight could see the currency disintegrate quickly. Such a scenario would be as frightening as it would be unprecedented. And, while economies would recover, there would be an incredible amount of anguish and expense to endure. Nobody knows exactly what would happen if the euro died, but there are some questions that would get answered quickly. If the euro ended this weekend, what could we expect?
We could expect borders to be closed and tight restrictions placed on the movement of funds to stop people smuggling their euros to other countries likely to fare better in the revaluing exercise.
