Thursday, December 29, 2011

The End Of The Euro And The End Of The Investor?

The Automatic Earth writes: Oh, sure, don't get me wrong, there may still be a Euro a year from now. And there’ll certainly be some investors left.

But the Euro, if it manages to survive, will have to do so in what can only be characterized as a radically different form and shape. At the same time, small mom and pop stock investors will be few and far between; there's no money in the "traditional" stock markets, as they've found out - once more - in 2011. Many will also need what money they still have in stocks to pay down various kinds of other obligations....

….No, I don't know what the euro will look like next Christmas, but it won't be what it looks like today. It could be the return of the drachma and lira, or the return of the mark and guilder, or all of the above. But not a 17-country Eurozone

Read more: http://www.businessinsider.com/the-end-of-the-euro-and-the-end-of-the-investor-2011-12

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