The chief executive of the multi-billion pound Lloyd's of London has publicly admitted that the world's leading insurance market is prepared for a collapse in the single currency and has reduced its exposure "as much as possible" to the crisis-ridden continent."
If Lloyds of London sees that there is a problem, there IS a problem. Now if our own esteemed leaders will realize that this issue with the EU, has the potential to drag down the US economy even further, since large portions of American Foreign Investment will take a major hit if the Euro falls.
That mean lots of money lost, plus lots of TAX REVENUE lost as well.
We'll see.
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