The Euro Is Ready To Collapse

[epicresearch]

Make no mistake: Although the headlines have cooled off a bit, the real problems have NOT been solved at all.
In fact …
Currency Expert Jack Crooks
Says the Euro Is Doomed!
According to Jack, it all boils down to one major factor: Germany.
Whether the euro survives or perishes depends on whether Germany decides if the benefits of the single currency outweigh its costs, or vice versa.
So far, the euro monetary union has been very good to Germany. The breakdown of trade barriers has created a captive single market for the country’s exports, giving Germany a huge current account surplus. And the efficiency of German workers is far better than in any other euro-zone country.
But the severe imbalance between Germany and the rest of the continent is taking its toll. Economic growth is deteriorating across the region, and deficits and unemployment are skyrocketing. Social unrest has led to political upheaval and even violence in the streets. And borrowing costs in Greece, Spain and Italy are soaring to unsustainable levels.
Given this backdrop, Jack believes that the question is not IF the euro zone will break up, but simply WHEN!