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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (36299)	5/29/2000 10:14:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

DAK, there are essentially two possibilities...either wideranging structural reforms are undertaken to transform the Euro-zone into a viable common currency area, or it will eventually fall apart, with perhaps only the core (Benelux countries, France, Germany, Austria) remaining. don't forget, the Euro is a political project that makes little economic sense considering the disparities between the participants. as such, the politicians will try to keep it alive, until such time as they can blame a deteriorating economic performance on it.