"The consequences of a collapse would not be……" — Barry Eichengreen
"The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath."
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Barry Eichengreen
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13 Quotes by Barry Eichengreen
Barry Eichengreen has 13 quotes on this site.
A few more worth reading:
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More than the Big Mac, Coca Cola, or Levi's 501 jeans, the dollar is surely the United States' signature export.
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While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be…
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Across the continent, political divisions are deepening. For all of these reasons, the specter of a euro zone collapse has…
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The 24% unemployment reached at the depths of the Great Depression was no picnic.
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As for the single market, the E.U.'s landmark achievement, there is no question that a euro zone breakup would severely…
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For those unfortunate enough to experience it, long-term unemployment - now, as in the 1930s - is a tragedy. And,…
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Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure…
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Southern Europe has not done enough to enhance its competitiveness, while northern Europe has not done enough to boost demand.…
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The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up…
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Why was there so much work-sharing in the 1930s? One reason is that government pushed for it. In his memoirs,…
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Every day it seems more likely that we are destined - or should one say doomed? - to replay the…
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This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of…
See all 13 quotes by Barry Eichengreen »
More Abandon Quotes
This quote is filed under Abandon Quotes,
one of 715 quotes in that category. Here are a few more:
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If I can procure three hundred good substantial names of persons, or bodies, or institutions, I cannot fail to do…
— John James Audubon
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If Christ Jesus dwells in a man as his friend and noble leader, that man can endure all things, for…
— Teresa of Avila
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The people who abandon Jihad fall a victim to humility and degradation.
— Abu Bakr
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When you are portraying somebody that has a very specific emotional weight, you feel like you're really starting to abandon…
— Javier Bardem
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If Republicans are aiming for the heart, for compassion, the last thing they should do is abandon the sanctity of…
— Gary Bauer
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More and more political analysts and weak-kneed politicians are advising the historically pro-life Republican Party to abandon its pro-life stance…
— Gary Bauer
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Sex pleasure in woman is a kind of magic spell; it demands complete abandon; if words or movements oppose the…
— Simone de Beauvoir
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The torment of precautions often exceeds the dangers to be avoided. It is sometimes better to abandon one's self to…
— Napoleon Bonaparte
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The essence of optimism is that it takes no account of the present, but it is a source of inspiration,…
— Dietrich Bonhoeffer
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I had to abandon free market principles in order to save the free market system.
— George W. Bush
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I'm not suggesting people abandon musical instruments and start playing their cars and apartments, but I do think the reign…
— David Byrne
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To abandon oneself to principles is really to die - and to die for an impossible love which is the…
— Albert Camus
See all 715 Abandon Quotes »