The worst case outcome I can imagine is that the EU will dissolve, the Euro will be abandoned, and Europe will return to its previous state of decline in terms of competitiveness in the world economic stages. China and India will fill the gap and except for the self supporting economies the rest of Europe will slide into a long and deep depression.
That will be followed by a lot of externalized accusations of conspiracies and general hatred ultimately leading to an insurrection which results in the loss of soverignty for between 1/3 and 1/2 of the current nations.
One 'law' that I've never seen fail is 'Nature abhors a vacuum.' and when the EU collapses, it will create a very, very large vacuum.
It will be far more likely to have some kind of laws as tomjen3 suggests. We can't allow individual countries to jeopardize the Euro. With the worst case that one country will abandon the Euro (although I don't see that happening any time soon)
The EU will not dissolve, that's just crazy talk. The EU is something _totally_ different than the Euro, not all members of the EU even have Euro's.. Saying that the EU will dissolve is almost as unlikely as saying that the US will dissolve.. although countries in the EU are of course much more individual than states, we work together on so many levels that it would just be nuts.
The worst case outcome I can imagine is that the EU will dissolve, the Euro will be abandoned, and Europe will return to its previous state of decline in terms of competitiveness in the world economic stages. China and India will fill the gap and except for the self supporting economies the rest of Europe will slide into a long and deep depression.
That will be followed by a lot of externalized accusations of conspiracies and general hatred ultimately leading to an insurrection which results in the loss of soverignty for between 1/3 and 1/2 of the current nations.
One 'law' that I've never seen fail is 'Nature abhors a vacuum.' and when the EU collapses, it will create a very, very large vacuum.