'Unknown territory' for Europe if summit fails: France

[katty]

more:

http://news.id.msn.com/business/article.aspx?cp-documentid=5446593

By Agence France-Presse, Updated: 25/10/2011 11:48
'Unknown territory' for Europe if summit fails: France
French Prime Minister Francois Fillon has told ruling party lawmakers that failure at Wednesday's eurozone summit could "tip the European continent into unknown territory," sources at the meeting said.

[MrTriumph]

1. One Euro costs $1.39 today. Says plenty about how bad the US economy is.

The end of the Euro is possible, yet it remains head & shoulders above the US Dollar.

[DJ13]

2. They have two choices

Stop protecting the wealthy investors who stand to lose and work towards a real solution to de-leverage all those worthless side bets that are worth more money than the entire EU.

OR

Continue trying to cobble together another round of wealthfare and plod along with the next round of blackmail hanging over their heads.

[tama]

3. Unknown territory

is much preferable to the known terror by banksters.