Zero Hedge: The possible, even likely, collapse of the European economy would inflict some heavy costs to present European institutions. In this entry, Dr. Peter Nyberg and I detail why we believe we are likely to see some rupturing of the European Union (EU) as originally conceived. This may occur in two ways: Either the European Union disintegrates completely, or it mutates into something unrecognizable to its original purpose. This comment concentrates on some of the factors causing disintegration. The functioning of the
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