As a side note:

The situation of US-states like California ain't any better than of the PIIGS.

The difference is that overall the per capita debt in the €-zone is considerably lower than in the $ or £ zones!

It's already clear that countries like Germany and France will pay for others €-debts, but for sure not without considerable change in economic policy.

So lets talk about the dollar or pound crisis ... and about when the Renminbi will get it's own key and currency symbol on our keyboards ...¹)

Cheers Rolf

1) oops, it (¥) already happend! :)

In reply to Dollar crisis! by LanX
in thread How do North Americans find Europe as a workplace? by talexb

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