Re: Re: Schadenfreude

#111478

Fuengi (Andrew)
Participant

@jakesuper wrote:

I totally disagree with you with your argument that Spain leaving the Euro will be helpful. When Spain finally crashes out of the Euro it will be an absolute disaster for Spain.
The Peseta will be devalued and end up a worthless currency and this will cause inflation to go ballistic resulting in interest rates going sky high.

Why?