Re: Eurozone will collapse...
He is probably understating how bad it will be and for how long risks will remain. It's highly likely that due to the UK proximity that we'd be sucked in. At worst we could lose a lot of trading partners (due to their economic difficulties).
At best it could just affect some very wealthy individuals and countries ( I can't see this happening though)
I think what we might have to prepare ourselves for is what happened to Japan after it suffered in 1990. It had a lot of similarities to the economic outlook that we face now - property bubble popped and an ageing population
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