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June 8, 2012

What superstate was in Europe, had 15 member countries,

shared a single currency and yet within two years found nearly all it's members withdrawn from the single currency?
Answer: the Soviet Union.... Unless Europe is careful, it may find that it is not really “too big to fail” any more than the USSR was. The Telegraph reports that London has now become the preferred destination of European squatters who are fleeing the wreck of southern Europe for free digs in Old Blighty. When you’ve got squatters in London, and not just in Rio or Tondo, then there’s trouble afoot. -- Belmont Club サ A Global Plan B

Posted by gerardvanderleun at June 8, 2012 5:59 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

I expect to see not only the USSR fail, but Europe, China, and the US fail. The timing and order are to be determined.

Posted by: Scott M at June 9, 2012 2:48 AM

Five bucks says the USSR folds first, Scott...

Posted by: BillT at June 9, 2012 4:31 AM

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