Quote:
Originally Posted by dave99
looks risky for long term planning
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This is what leading economists and the Head of the European Bank are saying too. They are saying that the economy is fast approaching meltdown and they might have to value the currency by a third against the Euro.
As most people have mortgages in Euros, this will be rather bloody. It's exactly the scenario that caused the run on the Argentinian Peso a few years back.